WEXHAM, STATION ROAD, ALFORD, LN13 9JB - £272,500

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

WEXHAM is a very large detached house of 139m², built sometime between 1967 and 1975. It was last sold for £272,500 in November 2021, which was around 4% above the average November 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

WEXHAM Sold Prices

Land registry data shows three sales for WEXHAM 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. Two of the three WEXHAM sales were for above the average price, whilst one was 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
2021 25 NOV	£272,500	£261,076	4% above HPI
2003 14 FEB	£147,500	£121,961	21% above HPI
1999 19 MAR	£50,000	£66,152	24% below HPI

WEXHAM 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 WEXHAM sales between March 1999 and November 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 February 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might WEXHAM be worth now?

WEXHAM might now be worth an estimated £297,358.

This is based on house price inflation of 9.1%, between November 2021 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 9.1% inflationary increase is applied to the most recent sale price for WEXHAM of £272,500 on 25th November 2021. For the value to have increased from £272,500 to £297,358 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of WEXHAM has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2021 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of WEXHAM has not materially changed since November 2021.

How Large is WEXHAM?

WEXHAM is 139m² according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses houses in Alford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alford, and where WEXHAM lies on this distribution: 81% of detached houses houses are smaller than WEXHAM, and 19% of houses are larger. Note that EPC data is not available for all properties in Alford.

WEXHAM: Plot and Title Map

WEXHAM sits on a plot of roughly 0.216 of an acre, or 873m². The below map shows the location of WEXHAM, 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 WEXHAM). 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 WEXHAM?

WEXHAM is located on STATION ROAD in ALFORD, in the LN13 postcode district. The below map shows the position of WEXHAM on STATION ROAD.