THE CHESTNUTS, HIGH BRIDGE ROAD, ALVINGHAM, LOUTH, LN11 0QF - £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

THE CHESTNUTS is a large extended detached house of 171m², built sometime before 1900. It was last sold for £425,000 in March 2021, which was around 82% above the average March 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2020, where the current energy rating was F, and the potential energy rating was B.

THE CHESTNUTS Sold Prices

Land registry data shows two sales for THE CHESTNUTS 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 THE CHESTNUTS 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
2021 19 MAR	£425,000	£233,062	82% above HPI
1997 12 DEC	£125,000	£61,463	103% above HPI

THE CHESTNUTS 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 THE CHESTNUTS sales from December 1997 and March 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 1997 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the March 2021 sale, where it falls to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 171m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Alvingham, based on EPC data. The below chart shows the distribution of detached houses by size in Alvingham, and where THE CHESTNUTS lies on this distribution: 66% of detached houses are smaller than THE CHESTNUTS, and 34% of houses are larger. Note that EPC data is not available for all properties in Alvingham.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 1.7 acres, or 6,726m². The below map shows the location of THE CHESTNUTS, 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 THE CHESTNUTS). 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 THE CHESTNUTS?

THE CHESTNUTS is located on HIGH BRIDGE ROAD in ALVINGHAM, in the LN11 postcode district. The below map shows the position of THE CHESTNUTS on HIGH BRIDGE ROAD.