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

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.

THE CHESTNUTS is a large extended detached house of 124m², built sometime between 1900 and 1929, which could now be worth an estimated £202,924. It was last sold for £39,950 in March 1997, which was around 29% 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	£56,355	29% below HPI
1997 7 JAN	£25,000	£57,606	57% 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 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the March 1997 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might THE CHESTNUTS be worth now?

THE CHESTNUTS might now be worth an estimated £202,924.

This is based on house price inflation of 407.9%, between March 1997 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 407.9% inflationary increase is applied to the most recent sale price for THE CHESTNUTS of £39,950 on 26th March 1997. For the value to have increased from £39,950 to £202,924 over the 28 years and one month to February 2025, the following assumptions must hold true:

• The value of THE CHESTNUTS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 1997 sale price of £39,950 represented a fair market value for the property.
• The size, condition, and specification of THE CHESTNUTS has not materially changed since March 1997.

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 houses in Huttoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Huttoft, and where THE CHESTNUTS lies on this distribution: 66% of detached houses houses are smaller than THE CHESTNUTS, and 34% 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.