THE MOORINGS, MAIN ROAD, WITHERN, ALFORD, LN13 0LD - £225,500

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 MOORINGS is a midsized extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £225,500 in November 2018, which was around 3% above the average November 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was D.

THE MOORINGS Sold Prices

Land registry data shows five sales for THE MOORINGS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the five THE MOORINGS 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
2018 22 NOV	£225,500	£217,913	3% above HPI
2011 31 AUG	£207,500	£168,589	23% above HPI
2004 16 AUG	£142,000	£161,119	12% below HPI
1997 18 MAR	£49,950	£55,546	10% below HPI
1995 27 OCT	£42,450	£54,380	22% below HPI

THE MOORINGS 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 five THE MOORINGS sales between October 1995 and November 2018 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 2011 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is THE MOORINGS?

THE MOORINGS is 124m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the largest 50% of detached houses in Withern, based on EPC data. The below chart shows the distribution of detached houses by size in Withern, and where THE MOORINGS lies on this distribution: 60% of detached houses are smaller than THE MOORINGS, and 40% of houses are larger. Note that EPC data is not available for all properties in Withern.

THE MOORINGS: Plot and Title Map

THE MOORINGS sits on a plot of roughly 0.197 of an acre, or 798m². The below map shows the location of THE MOORINGS, 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 MOORINGS). 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 MOORINGS?

THE MOORINGS is located on MAIN ROAD in WITHERN, in the LN13 postcode district. The below map shows the position of THE MOORINGS on MAIN ROAD.