LOW WOOD, ALVERSTON AVENUE, WOODHALL SPA, LN10 6SN - £670,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LOW WOOD is a very large extended detached house of 244m², built sometime between 1930 and 1949. It was last sold for £670,000 in December 2017, which was around 221% above the average December 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

LOW WOOD Sold Prices

Land registry data shows three sales for LOW WOOD 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 LOW WOOD sales were 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
2017 22 DEC	£670,000	£208,598	221% above HPI
2014 15 OCT	£625,000	£178,623	250% above HPI
1998 5 FEB	£145,000	£62,385	132% above HPI

LOW WOOD 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 LOW WOOD sales between February 1998 and December 2017 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 2014 sale was for 250% above the HPI. So the extrapolation line tracks at 250% above the HPI over time, until the December 2017 sale, where it falls to 221% above the HPI. The line then continues to track at 221% above the HPI.

How Large is LOW WOOD?

LOW WOOD is 244m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 10% of detached houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Woodhall Spa, and where LOW WOOD lies on this distribution: 94% of detached houses are smaller than LOW WOOD, and 6% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

LOW WOOD: Plot and Title Map

LOW WOOD sits on a plot of roughly 0.567 of an acre, or 2,294m². The below map shows the location of LOW WOOD, 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 LOW WOOD). 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 LOW WOOD?

LOW WOOD is located on ALVERSTON AVENUE in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of LOW WOOD on ALVERSTON AVENUE.