GATE ACRES, MUMBY ROAD, HUTTOFT, ALFORD, LN13 9RF - £210,000

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

GATE ACRES is a midsized detached house of 115m², built sometime between 1991 and 1995. It was last sold for £210,000 in July 2022, which was around 24% below the average July 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

GATE ACRES Sold Prices

Land registry data shows two sales for GATE ACRES 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. One of the two GATE ACRES sales was for below the average price, whilst the other was 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
2022 1 JUL	£210,000	£274,882	24% below HPI
2001 7 DEC	£93,000	£92,325	1% above HPI

GATE ACRES 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 GATE ACRES sales from December 2001 and July 2022 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 December 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is GATE ACRES?

GATE ACRES is 115m² according to the EPC inspection conducted in December 2021. This puts it in the largest 50% of detached houses in Huttoft, based on EPC data. The below chart shows the distribution of detached houses by size in Huttoft, and where GATE ACRES lies on this distribution: 56% of detached houses are smaller than GATE ACRES, and 41% of houses are larger. Note that EPC data is not available for all properties in Huttoft.

GATE ACRES: Plot and Title Map

GATE ACRES sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of GATE ACRES, 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 GATE ACRES). 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 GATE ACRES?

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