THORPE LEA, MAIN ROAD, WITHERN, ALFORD, LN13 0LD - £173,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THORPE LEA is a midsized extended detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £309,624. It was last sold for £173,500 in February 2013, which was around 9% above the average February 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

THORPE LEA Sold Prices

Land registry data shows three sales for THORPE LEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three THORPE LEA 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
2013 28 FEB	£173,500	£159,641	9% above HPI
2004 17 JUN	£182,500	£160,163	14% above HPI
2001 2 FEB	£83,500	£77,990	7% above HPI

THORPE LEA 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 three THORPE LEA sales between February 2001 and February 2013 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 June 2004 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2013 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might THORPE LEA be worth now?

THORPE LEA might now be worth an estimated £309,624.

This is based on house price inflation of 78.5%, between February 2013 and December 2024, 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 78.5% inflationary increase is applied to the most recent sale price for THORPE LEA of £173,500 on 28th February 2013. For the value to have increased from £173,500 to £309,624 over the ten years and two months to December 2024, the following assumptions must hold true:

• The value of THORPE LEA has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2013 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of THORPE LEA has not materially changed since February 2013.

How Large is THORPE LEA?

THORPE LEA is 106m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 50% of detached houses houses in Withern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Withern, and where THORPE LEA lies on this distribution: 45% of detached houses houses are smaller than THORPE LEA, and 53% of houses are larger. Note that EPC data is not available for all properties in Withern.

THORPE LEA: Plot and Title Map

THORPE LEA sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of THORPE LEA, 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 THORPE LEA). 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 THORPE LEA?

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