RIVOAN, ALVERSTON AVENUE, WOODHALL SPA, LN10 6SN - £425,000

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

RIVOAN is a very large detached house of 303m², built sometime between 1900 and 1929. It was last sold for £425,000 in July 2013, which was around 159% above the average July 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

RIVOAN Sold Prices

Land registry data shows three sales for RIVOAN 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 RIVOAN 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
2013 22 JUL	£425,000	£164,032	159% above HPI
2007 15 AUG	£425,000	£192,296	121% above HPI
1998 14 DEC	£166,000	£66,497	150% above HPI

RIVOAN 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 RIVOAN sales between December 1998 and July 2013 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 2007 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the July 2013 sale, where it rises to 159% above the HPI. The line then continues to track at 159% above the HPI.

How Large is RIVOAN?

RIVOAN is 303m² according to the EPC inspection conducted in January 2023. 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 RIVOAN lies on this distribution: 97% of detached houses are smaller than RIVOAN, and 3% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

RIVOAN: Plot and Title Map

RIVOAN sits on a plot of roughly 0.239 of an acre, or 966m². The below map shows the location of RIVOAN, 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 RIVOAN). 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 RIVOAN?

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