GREEN PASTURES, MAIN ROAD, WITHERN, ALFORD, LN13 0NB - £425,000

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

GREEN PASTURES is a large extended detached house of 148m², built sometime between 1967 and 1975. It was last sold for £425,000 in February 2022, which was around 60% above the average February 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

GREEN PASTURES Sold Prices

Land registry data shows three sales for GREEN PASTURES 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. Two of the three GREEN PASTURES sales were for above the average price, whilst one was 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
2022 18 FEB	£425,000	£264,840	60% above HPI
2019 15 OCT	£310,000	£224,931	38% above HPI
2017 13 APR	£180,000	£203,689	12% below HPI

GREEN PASTURES 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 GREEN PASTURES sales between April 2017 and February 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 October 2019 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2022 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is GREEN PASTURES?

GREEN PASTURES is 148m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 30% of detached houses in Withern, based on EPC data. The below chart shows the distribution of detached houses by size in Withern, and where GREEN PASTURES lies on this distribution: 72% of detached houses are smaller than GREEN PASTURES, and 28% of houses are larger. Note that EPC data is not available for all properties in Withern.

GREEN PASTURES: Plot and Title Map

GREEN PASTURES sits on a plot of roughly 1.7 acres, or 7,004m². The below map shows the location of GREEN PASTURES, 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 GREEN PASTURES). 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 GREEN PASTURES?

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