HOLLYCROFT, MAIN ROAD, WITHERN, ALFORD, LN13 0NB - £525,000

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

HOLLYCROFT is a large extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £525,000 in September 2021, which was around 114% above the average September 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

HOLLYCROFT Sold Prices

Land registry data shows three sales for HOLLYCROFT 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 HOLLYCROFT 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
2021 13 SEP	£525,000	£245,698	114% above HPI
2009 18 DEC	£210,000	£163,724	28% above HPI
2007 28 SEP	£42,335	£191,268	78% below HPI

HOLLYCROFT 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 HOLLYCROFT sales between September 2007 and September 2021 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 2009 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2021 sale, where it rises to 114% above the HPI. The line then continues to track at 114% above the HPI.

How Large is HOLLYCROFT?

HOLLYCROFT is 142m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 40% of detached houses in Withern, based on EPC data. The below chart shows the distribution of detached houses by size in Withern, and where HOLLYCROFT lies on this distribution: 70% of detached houses are smaller than HOLLYCROFT, and 30% of houses are larger. Note that EPC data is not available for all properties in Withern.

HOLLYCROFT: Plot and Title Map

HOLLYCROFT sits on a plot of roughly 2.0 acres, or 8,241m². The below map shows the location of HOLLYCROFT, 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 HOLLYCROFT). 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 HOLLYCROFT?

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