JOCELYN, MAIN ROAD, WITHERN, ALFORD, LN13 0LD - £75,000

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.

JOCELYN is a small detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £123,099. It was last sold for £75,000 in December 2013, which was around 55% below the average December 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2011, where the current energy rating was G, and the potential energy rating was F.

JOCELYN Sold Prices

Land registry data shows two sales for JOCELYN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two JOCELYN 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
2013 2 DEC	£75,000	£167,776	55% below HPI
2011 31 MAY	£65,000	£167,784	61% below HPI

JOCELYN 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 two JOCELYN sales from May 2011 and December 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 May 2011 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the December 2013 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might JOCELYN be worth now?

JOCELYN might now be worth an estimated £123,099.

This is based on house price inflation of 64.1%, between December 2013 and May 2026, 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 64.1% inflationary increase is applied to the most recent sale price for JOCELYN of £75,000 on 2nd December 2013. For the value to have increased from £75,000 to £123,099 over the thirteen years and seven months to May 2026, the following assumptions must hold true:

• The value of JOCELYN has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2013 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of JOCELYN has not materially changed since December 2013.

How Large is JOCELYN?

JOCELYN is 86m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 30% 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 JOCELYN lies on this distribution: 21% of detached houses houses are smaller than JOCELYN, and 75% of houses are larger. Note that EPC data is not available for all properties in Withern.

Where is JOCELYN?

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