SPRING CLIFFE, HANBY LANE, WILLOUGHBY, ALFORD, LN13 9NJ - £249,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SPRING CLIFFE is a small extended detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £256,410. It was last sold for £249,950 in July 2023, which was around 10% below the average July 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was F, and the potential energy rating was C.

SPRING CLIFFE Sold Prices

Land registry data shows two sales for SPRING CLIFFE 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. One of the two SPRING CLIFFE sales was for below the average price, whilst the other was 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
2023 28 JUL	£249,950	£279,040	10% below HPI
2003 31 JAN	£123,000	£120,342	2% above HPI

SPRING CLIFFE 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 SPRING CLIFFE sales from January 2003 and July 2023 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 January 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might SPRING CLIFFE be worth now?

SPRING CLIFFE might now be worth an estimated £256,410.

This is based on house price inflation of 2.6%, between July 2023 and February 2025, 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 2.6% inflationary increase is applied to the most recent sale price for SPRING CLIFFE of £249,950 on 28th July 2023. For the value to have increased from £249,950 to £256,410 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of SPRING CLIFFE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2023 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of SPRING CLIFFE has not materially changed since July 2023.

How Large is SPRING CLIFFE?

SPRING CLIFFE is 90m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of detached houses houses in Willoughby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willoughby, and where SPRING CLIFFE lies on this distribution: 27% of detached houses houses are smaller than SPRING CLIFFE, and 70% of houses are larger. Note that EPC data is not available for all properties in Willoughby.

SPRING CLIFFE: Plot and Title Map

SPRING CLIFFE sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of SPRING CLIFFE, 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 SPRING CLIFFE). 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 SPRING CLIFFE?

SPRING CLIFFE is located on HANBY LANE in WILLOUGHBY, in the LN13 postcode district. The below map shows the position of SPRING CLIFFE on HANBY LANE.