11, WALLACES YARD, ALFORD, LN13 9DD - £139,950

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.

11 WALLACES YARD is a very small terraced house of 72m², built in 2017, which could now be worth an estimated £178,871. It was last sold for £139,950 in December 2018, which was around 23% above the average December 2018 terraced price in the East Lindsey local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

11 WALLACES YARD Sold Prices

Land registry data shows two sales for 11 WALLACES YARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. Both of the two 11 WALLACES YARD 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
2018 20 DEC	£139,950	£113,332	23% above HPI
2017 13 OCT	£129,950	£110,430	18% above HPI

11 WALLACES YARD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Lindsey local authority area over time, sourced from the HPI. The two 11 WALLACES YARD sales from October 2017 and December 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 October 2017 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2018 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 11 WALLACES YARD be worth now?

11 WALLACES YARD might now be worth an estimated £178,871.

This is based on house price inflation of 27.8%, between December 2018 and May 2026, for terraced 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 27.8% inflationary increase is applied to the most recent sale price for 11 WALLACES YARD of £139,950 on 20th December 2018. For the value to have increased from £139,950 to £178,871 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of 11 WALLACES YARD has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The December 2018 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 11 WALLACES YARD has not materially changed since December 2018.

How Large is 11 WALLACES YARD?

11 WALLACES YARD is 72m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of terraced houses houses in Alford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Alford, and where 11 WALLACES YARD lies on this distribution: 14% of terraced houses houses are smaller than 11 WALLACES YARD, and 84% of houses are larger. Note that EPC data is not available for all properties in Alford.

11 WALLACES YARD: Plot and Title Map

11 WALLACES YARD sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 11 WALLACES YARD, 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 11 WALLACES YARD). 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 11 WALLACES YARD?

11 WALLACES YARD is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 11 on WALLACES YARD.