ALBION, HOGSTHORPE ROAD, MUMBY, ALFORD, LN13 9SD - £175,000

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.

ALBION is a very small semi-detached house of 52m², built sometime between 1900 and 1929, which could now be worth an estimated £215,010. It was last sold for £175,000 in March 2021, which was around 11% above the average March 2021 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was G, and the potential energy rating was A.

ALBION Sold Prices

Land registry data shows two sales for ALBION since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. One of the two ALBION 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
2021 3 MAR	£175,000	£157,039	11% above HPI
2015 28 SEP	£51,000	£125,245	59% below HPI

ALBION Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two ALBION sales from September 2015 and March 2021 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 September 2015 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the March 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might ALBION be worth now?

ALBION might now be worth an estimated £215,010.

This is based on house price inflation of 22.9%, between March 2021 and February 2025, for semi-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 22.9% inflationary increase is applied to the most recent sale price for ALBION of £175,000 on 3rd March 2021. For the value to have increased from £175,000 to £215,010 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of ALBION has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The March 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of ALBION has not materially changed since March 2021.

How Large is ALBION?

ALBION is 52m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of semi-detached houses houses in Mumby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mumby, and where ALBION lies on this distribution: Less than 1% of semi-detached houses houses are smaller than ALBION, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Mumby.

ALBION: Plot and Title Map

ALBION sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of ALBION, 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 ALBION). 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 ALBION?

ALBION is located on HOGSTHORPE ROAD in MUMBY, in the LN13 postcode district. The below map shows the position of ALBION on HOGSTHORPE ROAD.