THE CHESTNUTS, SUTTON ROAD, HUTTOFT, ALFORD, LN13 9RG - £39,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE CHESTNUTS is a large extended detached house of 124m², built sometime between 1900 and 1929. It was last sold for £39,950 in March 1997, which was around 28% below the average March 1997 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was A.

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 below 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
1997 26 MAR	£39,950	£55,546	28% below HPI
1997 7 JAN	£25,000	£56,779	56% below 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 January 1997 and March 1997 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 1997 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the March 1997 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 124m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 40% of detached houses in Huttoft, based on EPC data. The below chart shows the distribution of detached houses by size in Huttoft, and where THE CHESTNUTS lies on this distribution: 63% of detached houses are smaller than THE CHESTNUTS, and 37% of houses are larger. Note that EPC data is not available for all properties in Huttoft.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 0.137 of an acre, or 554m². 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 SUTTON ROAD in HUTTOFT, in the LN13 postcode district. The below map shows the position of THE CHESTNUTS on SUTTON ROAD.