12A, BRIDGEWAYS, ALFORD, LN13 9FA - £162,500

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.

12A BRIDGEWAYS is a very small semi-detached house of 60m², which could now be worth an estimated £165,158. It was last sold for £162,500 in December 2022, which was around 14% below the average December 2022 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2021, where the current energy rating was B, and the potential energy rating was A.

12A BRIDGEWAYS Sold Prices

Land registry data shows two sales for 12A BRIDGEWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 12A BRIDGEWAYS 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
2022 12 DEC	£162,500	£189,838	14% below HPI
2021 15 JAN	£139,950	£157,760	11% below HPI

12A BRIDGEWAYS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 12A BRIDGEWAYS sales from January 2021 and December 2022 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 2021 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 12A BRIDGEWAYS be worth now?

12A BRIDGEWAYS might now be worth an estimated £165,158.

This is based on house price inflation of 1.6%, between December 2022 and February 2025, for semi-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 1.6% inflationary increase is applied to the most recent sale price for 12A BRIDGEWAYS of £162,500 on 12th December 2022. For the value to have increased from £162,500 to £165,158 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 12A BRIDGEWAYS has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The December 2022 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 12A BRIDGEWAYS has not materially changed since December 2022.

How Large is 12A BRIDGEWAYS?

12A BRIDGEWAYS is 60m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of semi-detached houses houses in Alford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Alford, and where 12A BRIDGEWAYS lies on this distribution: 4% of semi-detached houses houses are smaller than 12A BRIDGEWAYS, and 95% of houses are larger. Note that EPC data is not available for all properties in Alford.

12A BRIDGEWAYS: Plot and Title Map

12A BRIDGEWAYS sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 12A BRIDGEWAYS, 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 12A BRIDGEWAYS). 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 12A BRIDGEWAYS?

12A BRIDGEWAYS is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 12A on BRIDGEWAYS.