FAIRVIEW, HOGSTHORPE ROAD, MUMBY, ALFORD, LN13 9SD - £138,000

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.

FAIRVIEW is a midsized detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £241,656. It was last sold for £138,000 in August 2004, which was around 16% below the average August 2004 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

FAIRVIEW Sold Prices

Land registry data shows two sales for FAIRVIEW 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 FAIRVIEW 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
2004 5 AUG	£138,000	£163,467	16% below HPI
1998 30 JAN	£36,000	£63,991	44% below HPI

FAIRVIEW 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 FAIRVIEW sales from January 1998 and August 2004 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 January 1998 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2004 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might FAIRVIEW be worth now?

FAIRVIEW might now be worth an estimated £241,656.

This is based on house price inflation of 75.1%, between August 2004 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 75.1% inflationary increase is applied to the most recent sale price for FAIRVIEW of £138,000 on 5th August 2004. For the value to have increased from £138,000 to £241,656 over the 21 years and six months to February 2025, the following assumptions must hold true:

• The value of FAIRVIEW has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2004 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRVIEW has not materially changed since August 2004.

How Large is FAIRVIEW?

FAIRVIEW is 90m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses houses in Mumby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mumby, and where FAIRVIEW lies on this distribution: 46% of detached houses houses are smaller than FAIRVIEW, and 54% of houses are larger. Note that EPC data is not available for all properties in Mumby.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of FAIRVIEW, 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 FAIRVIEW). 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 FAIRVIEW?

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