HILL RISE, HOGSTHORPE ROAD, MUMBY, ALFORD, LN13 9SD - £150,000

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

HILL RISE is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £150,000 in October 2019, which was around 33% below the average October 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

HILL RISE Sold Prices

Land registry data shows five sales for HILL RISE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five HILL RISE 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
2019 8 OCT	£150,000	£224,931	33% below HPI
2018 8 AUG	£120,000	£218,460	45% below HPI
2017 27 FEB	£90,000	£199,326	55% below HPI
2004 7 JUL	£117,500	£160,925	27% below HPI
2002 19 DEC	£94,500	£117,463	20% below HPI

HILL RISE 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 five HILL RISE sales between December 2002 and October 2019 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 August 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is HILL RISE?

HILL RISE is 70m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses in Mumby, based on EPC data. The below chart shows the distribution of detached houses by size in Mumby, and where HILL RISE lies on this distribution: 17% of detached houses are smaller than HILL RISE, and 82% of houses are larger. Note that EPC data is not available for all properties in Mumby.

HILL RISE: Plot and Title Map

HILL RISE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of HILL RISE, 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 HILL RISE). 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 HILL RISE?

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