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House Prices in LN13

The average house price in LN13 (Alford) is £134,250 using HM Land Registry data.

The average property price increased by £73,535 (25.65%) over the last 5 years and increased by £14,700 (3.88%) over the last 12 months.

Over the last year, there were 52 residential property sales – a decrease of 74 transactions (-142.31%) relative to the previous year. The majority of house sales (14) were in the £130,000 - £178,000 range. Then came properties in the £226,000 - £274,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 52 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,838 (-3%).

In June 2024, there were 20 new estate agency instructions, 9 agreed home sales and 31 property price reductions.

5-Year Average Property Prices in LN13 (Alford)

25.65%

Property prices in Alford increased by 25.65% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LN13 (Alford) Over the Last Year

3.88%

Property prices in Alford increased by 3.88% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for LN13 (Alford) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LN13 (Alford)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LN13 (Alford)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LN13 (Alford)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LN13 (Alford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LN13 postcode area since 1995.

Recent Sales in LN13 (Alford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Dingley Dell, School Lane, Aby, Alford, Lincolnshire, LN13 0DL	£225,000	£225,000	£00	25 Jan 2024	21 May 2024	117 Days
7a, Washdyke Lane, Mumby, Alford, Lincolnshire, LN13 9JY	£279,000	£275,000	-£4,000	23 Mar 2024	15 May 2024	53 Days
4 Rawnsley Close, Alford, Lincolnshire, LN13 9PZ	£260,000	£260,000	£00	19 Mar 2024	10 May 2024	52 Days
23 Church Lane, Huttoft, Alford, Lincolnshire, LN13 9RD	£299,950	£280,000	-£19,950	05 Sep 2023	27 Mar 2024	204 Days
Millview, Main Road, Maltby Le Marsh, Alford, Lincolnshire, LN13 0JP	£195,000	£190,000	-£5,000	07 Dec 2023	01 Mar 2024	85 Days
25 Kennedy Avenue, Alford, Lincolnshire, LN13 9HL	£160,000	£150,000	-£10,000	25 Sep 2023	28 Feb 2024	156 Days
18 Church Lane, Huttoft, Alford, Lincolnshire, LN13 9RD	£130,000	£118,500	-£11,500	16 Nov 2023	02 Feb 2024	78 Days
4 Church Lane, Ulceby, Alford, Lincolnshire, LN13 0HF	£190,000	£170,000	-£20,000	05 Aug 2023	21 Dec 2023	138 Days
135 Chauntry Road, Alford, Lincolnshire, LN13 9HW	£169,950	£165,000	-£4,950	29 Jun 2023	01 Dec 2023	155 Days
Keldale, Mumby Road, Huttoft, Alford, Lincolnshire, LN13 9RF	£245,000	£235,000	-£10,000	19 Sep 2023	15 Nov 2023	57 Days
1 Caroline Street, Alford, Lincolnshire, LN13 9BW	£149,950	£139,000	-£10,950	10 Aug 2023	31 Oct 2023	82 Days
Maljin, Alford Road, Thoresthorpe, Alford, Lincolnshire, LN13 0HU	£345,000	£342,000	-£3,000	03 Jul 2023	05 Oct 2023	94 Days
The Bungalow, Chapel Street, Alford, Lincolnshire, LN13 9DP	£220,000	£200,000	-£20,000	12 Jul 2023	29 Sep 2023	79 Days
Flower Pot Cottage, Whitepit Way, Swaby, Alford, Lincolnshire, LN13 0AZ	£209,950	£200,000	-£9,950	06 Mar 2023	18 Sep 2023	196 Days
Peacehaven, Thurlby Road, Bilsby, Alford, Lincolnshire, LN13 9JJ	£220,000	£212,500	-£7,500	09 May 2023	15 Sep 2023	129 Days
10 Hamilton Road, Alford, Lincolnshire, LN13 9HD	£170,000	£158,000	-£12,000	15 Mar 2023	08 Sep 2023	177 Days
32 Finsbury Street, Alford, Lincolnshire, LN13 9BH	£175,000	£170,000	-£5,000	22 Apr 2023	08 Sep 2023	139 Days
41 South Street, Alford, Lincolnshire, LN13 9AN	£169,950	£162,000	-£7,950	02 Mar 2023	04 Sep 2023	186 Days
15 Millers Way, Alford, Lincolnshire, LN13 9EU	£285,000	£282,500	-£2,500	03 Apr 2023	25 Aug 2023	144 Days
Jasmine Cottage, Alford Road, Bilsby, Alford, Lincolnshire, LN13 9PY	£329,950	£308,000	-£21,950	25 Apr 2023	25 Aug 2023	122 Days

Most Expensive Streets in LN13 (Alford)

Postcode	Street	Area	Average	No. of Sales
LN13 9NS	Sloothby	Alford	£444,316	3
LN13 0JN	Strubby Road, Maltby Le Marsh	Alford	£361,990	5
LN13 0HF	Church Lane, Ulceby	Alford	£354,707	7
LN13 9PT	Back Lane, Bilsby	Alford	£348,750	4
LN13 9SU	Church Lane, Willoughby	Alford	£341,666	3
LN13 9QH	Beesby Road, Markby	Alford	£333,125	4
LN13 0BN	Stoneleigh Farm Drive, Maltby Le Marsh	Alford	£332,800	5
LN13 9DN	Park Lane	Alford	£325,333	6
LN13 9RU	St Margarets Close, Huttoft	Alford	£320,000	4
LN13 9HY	Station Road	Alford	£319,741	6

Least Expensive Streets in LN13 (Alford)

Postcode	Street	Area	Average	No. of Sales
LN13 9BW	Caroline Street	Alford	£109,775	6
LN13 9DG	West Street	Alford	£111,300	10
LN13 9HF	Hamilton Road	Alford	£124,357	7
LN13 9AQ	South Street	Alford	£125,266	6
LN13 9DW	Park Road	Alford	£125,375	4
LN13 9AP	Seymour Lane	Alford	£127,508	6
LN13 9HL	Kennedy Avenue	Alford	£127,600	5
LN13 9BH	Finsbury Street	Alford	£128,750	8
LN13 9HH	Chauntry Road	Alford	£134,333	3
LN13 0AB	Christopher Road	Alford	£134,934	13