PINEWOOD, CUMBERWORTH ROAD, MUMBY, ALFORD, LN13 9LA - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PINEWOOD is a very large detached house of 198m², built sometime between 1967 and 1975, which could now be worth an estimated £519,421. It was last sold for £300,000 in July 2009, which was around 82% above the average July 2009 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was D.

PINEWOOD Sold Prices

Land registry data shows two sales for PINEWOOD 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. Both of the two PINEWOOD 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
2009 17 JUL	£300,000	£164,544	82% above HPI
1999 14 DEC	£90,000	£72,104	25% above HPI

PINEWOOD 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 PINEWOOD sales from December 1999 and July 2009 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 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2009 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

What might PINEWOOD be worth now?

PINEWOOD might now be worth an estimated £519,421.

This is based on house price inflation of 73.1%, between July 2009 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.1% inflationary increase is applied to the most recent sale price for PINEWOOD of £300,000 on 17th July 2009. For the value to have increased from £300,000 to £519,421 over the fourteen years and seven months to December 2024, the following assumptions must hold true:

• The value of PINEWOOD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2009 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of PINEWOOD has not materially changed since July 2009.

How Large is PINEWOOD?

PINEWOOD is 198m² according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses houses in Mumby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mumby, and where PINEWOOD lies on this distribution: 96% of detached houses houses are smaller than PINEWOOD, and 4% of houses are larger. Note that EPC data is not available for all properties in Mumby.

PINEWOOD: Plot and Title Map

PINEWOOD sits on a plot of roughly 0.226 of an acre, or 913m². The below map shows the location of PINEWOOD, 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 PINEWOOD). 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 PINEWOOD?

PINEWOOD is located on CUMBERWORTH ROAD in MUMBY, in the LN13 postcode district. The below map shows the position of PINEWOOD on CUMBERWORTH ROAD.