FRESHFIELDS, MAIN ROAD, WITHERN, ALFORD, LN13 0NB - £171,000

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

FRESHFIELDS is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £171,000 in December 2018, which was around 21% below the average December 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

FRESHFIELDS Sold Prices

Land registry data shows three sales for FRESHFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three FRESHFIELDS 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
2018 12 DEC	£171,000	£216,134	21% below HPI
2009 24 APR	£125,000	£160,146	22% below HPI
1996 27 NOV	£46,000	£57,427	20% below HPI

FRESHFIELDS 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 three FRESHFIELDS sales between November 1996 and December 2018 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 April 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is FRESHFIELDS?

FRESHFIELDS is 69m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses in Withern, based on EPC data. The below chart shows the distribution of detached houses by size in Withern, and where FRESHFIELDS lies on this distribution: 6% of detached houses are smaller than FRESHFIELDS, and 94% of houses are larger. Note that EPC data is not available for all properties in Withern.

FRESHFIELDS: Plot and Title Map

FRESHFIELDS sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of FRESHFIELDS, 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 FRESHFIELDS). 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 FRESHFIELDS?

FRESHFIELDS is located on MAIN ROAD in WITHERN, in the LN13 postcode district. The below map shows the position of FRESHFIELDS on MAIN ROAD.