8, TEMPLE CLOSE, ALFORD, LN13 0PT - £187,950

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.

8 TEMPLE CLOSE is a very small extended detached house of 63m², built sometime between 1996 and 2002, which could now be worth an estimated £227,509. It was last sold for £187,950 in December 2020, which was around 21% below the average December 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

8 TEMPLE CLOSE Sold Prices

Land registry data shows four sales for 8 TEMPLE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 8 TEMPLE CLOSE sales were 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
2020 18 DEC	£187,950	£236,479	21% below HPI
2019 31 MAY	£157,000	£219,835	29% below HPI
2000 26 JUN	£57,500	£75,756	24% below HPI
1998 30 SEP	£45,000	£66,334	32% below HPI

8 TEMPLE CLOSE 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 four 8 TEMPLE CLOSE sales between September 1998 and December 2020 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 May 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 8 TEMPLE CLOSE be worth now?

8 TEMPLE CLOSE might now be worth an estimated £227,509.

This is based on house price inflation of 21%, between December 2020 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 21% inflationary increase is applied to the most recent sale price for 8 TEMPLE CLOSE of £187,950 on 18th December 2020. For the value to have increased from £187,950 to £227,509 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 TEMPLE CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2020 sale price of £187,950 represented a fair market value for the property.
• The size, condition, and specification of 8 TEMPLE CLOSE has not materially changed since December 2020.

How Large is 8 TEMPLE CLOSE?

8 TEMPLE CLOSE is 63m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Alford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alford, and where 8 TEMPLE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 8 TEMPLE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Alford.

8 TEMPLE CLOSE: Plot and Title Map

8 TEMPLE CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 8 TEMPLE CLOSE, 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 8 TEMPLE CLOSE). 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 8 TEMPLE CLOSE?

8 TEMPLE CLOSE is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 8 on TEMPLE CLOSE.