CORNFIELDS, MUMBY ROAD, HUTTOFT, ALFORD, LN13 9RF - £215,000

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.

CORNFIELDS is a very large detached house of 174m², built sometime between 1950 and 1966, which could now be worth an estimated £302,002. It was last sold for £215,000 in May 2017, which was around 6% above the average May 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

CORNFIELDS Sold Prices

Land registry data shows two sales for CORNFIELDS 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. Both of the two CORNFIELDS 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
2017 5 MAY	£215,000	£203,787	6% above HPI
2004 19 NOV	£175,000	£169,903	3% above HPI

CORNFIELDS 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 CORNFIELDS sales from November 2004 and May 2017 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 November 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2017 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might CORNFIELDS be worth now?

CORNFIELDS might now be worth an estimated £302,002.

This is based on house price inflation of 40.5%, between May 2017 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 40.5% inflationary increase is applied to the most recent sale price for CORNFIELDS of £215,000 on 5th May 2017. For the value to have increased from £215,000 to £302,002 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of CORNFIELDS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2017 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of CORNFIELDS has not materially changed since May 2017.

How Large is CORNFIELDS?

CORNFIELDS is 174m² according to the EPC inspection conducted in March 2015. This puts it in the largest 20% of detached houses houses in Huttoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Huttoft, and where CORNFIELDS lies on this distribution: 89% of detached houses houses are smaller than CORNFIELDS, and 11% of houses are larger. Note that EPC data is not available for all properties in Huttoft.

CORNFIELDS: Plot and Title Map

CORNFIELDS sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of CORNFIELDS, 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 CORNFIELDS). 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 CORNFIELDS?

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