CORNERWAYS, BACK LANE, BILSBY, ALFORD, LN13 9PT - £310,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CORNERWAYS is a very large extended detached house of 177m², built sometime between 1967 and 1975. It was last sold for £310,000 in January 2019, which was around 39% above the average January 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

CORNERWAYS Sold Prices

Land registry data shows five sales for CORNERWAYS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five CORNERWAYS sales were for above 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
2019 17 JAN	£310,000	£223,095	39% above HPI
2015 16 JUL	£210,000	£181,933	15% above HPI
2006 22 MAY	£249,999	£179,287	39% above HPI
2005 13 JUL	£222,000	£167,827	32% above HPI
1996 29 JUL	£75,000	£56,877	32% above HPI

CORNERWAYS 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 five CORNERWAYS sales between July 1996 and January 2019 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 July 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2019 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 177m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 10% of detached houses in Bilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Bilsby, and where CORNERWAYS lies on this distribution: 91% of detached houses are smaller than CORNERWAYS, and 9% of houses are larger. Note that EPC data is not available for all properties in Bilsby.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.210 of an acre, or 851m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on BACK LANE in BILSBY, in the LN13 postcode district. The below map shows the position of CORNERWAYS on BACK LANE.