RAYELL, PARKLANDS, MUMBY, ALFORD, LN13 9SP - £285,000

RAYELL is a small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £285,000 in February 2023, which was around 1% above the average February 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

RAYELL Sold Prices

Land registry data shows three sales for RAYELL 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. One of the three RAYELL sales was for above the average price, whilst two 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
2023 24 FEB	£285,000	£282,205	1% above HPI
2018 1 JUN	£198,500	£210,621	6% below HPI
2016 30 MAR	£140,000	£186,100	25% below HPI

RAYELL 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 RAYELL sales between March 2016 and February 2023 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 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2023 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is RAYELL?

RAYELL is 75m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses in Mumby, based on EPC data. The below chart shows the distribution of detached houses by size in Mumby, and where RAYELL lies on this distribution: 24% of detached houses are smaller than RAYELL, and 74% of houses are larger. Note that EPC data is not available for all properties in Mumby.

RAYELL: Plot and Title Map

RAYELL sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of RAYELL, 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 RAYELL). 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 RAYELL?

RAYELL is located on PARKLANDS in MUMBY, in the LN13 postcode district. The below map shows the position of RAYELL on PARKLANDS.