7A, ALBANY ROAD, WOODHALL SPA, LN10 6TS - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7A ALBANY ROAD is a very small detached house of 73m², which could now be worth an estimated £414,371. It was last sold for £275,000 in September 2015, which was around 45% above the average September 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was B.

7A ALBANY ROAD Sold Prices

Land registry data shows two sales for 7A ALBANY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the two 7A ALBANY ROAD sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 7 SEP	£275,000	£189,973	45% above HPI
2013 11 APR	£137,500	£170,100	19% below HPI

7A ALBANY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 7A ALBANY ROAD sales from April 2013 and September 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2015 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 7A ALBANY ROAD be worth now?

7A ALBANY ROAD might now be worth an estimated £414,371.

This is based on house price inflation of 50.7%, between September 2015 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.7% inflationary increase is applied to the most recent sale price for 7A ALBANY ROAD of £275,000 on 7th September 2015. For the value to have increased from £275,000 to £414,371 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 7A ALBANY ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 7A ALBANY ROAD has not materially changed since September 2015.

How Large is 7A ALBANY ROAD?

7A ALBANY ROAD is 73m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodhall Spa, and where 7A ALBANY ROAD lies on this distribution: 5% of detached houses houses are smaller than 7A ALBANY ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

7A ALBANY ROAD: Plot and Title Map

7A ALBANY ROAD sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 7A ALBANY ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7A ALBANY ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7A ALBANY ROAD?

7A ALBANY ROAD is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 7A on ALBANY ROAD.