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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 5 Gate Cottages, Alford is a period freehold house with 742 ft2 of internal area and sits on a 917 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5 Gate Cottages, Alford is £235,631 and the estimated rental value is £905 per month.
Tothby, Alford, LN13 is located in the borough of East Lindsey within the LN13 postal district.
5 Gate Cottages, Alford has a single entry in the Land Registry from September 2014 and a single entry in the EPC database dated February 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5 Gate Cottages, Alford is in very good condition we estimate a sale value of £247,413 and a rental value of £951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,137 and a rental value of £842 per month.
Over the last 12 months the sale value of 5 Gate Cottages Alford has decreased by an estimated £5,839 (2.5%) and its rental value has increased by an estimated £34 per month (3.7%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 5 Gate Cottages, Alford sits on a plot of 917m2.
We have plot size data on 3 out of 4 other houses in the postcode and 5 Gate Cottages, Alford sits on the largest plot.
5 Gate Cottages, Alford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 02 Feb 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 5 Gate Cottages, Alford was last sold on 1st September 2014 for £75,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2014, the market for similar properties has risen 86.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Gate Cottages, Alford within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 39, Robinson Avenue, Alford, LN13 0PW, a freehold house which sold for £255,000 on the 27th October 2022.
Read more about house prices in LN13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tothby, Alford, LN13 has a total of 5 addresses. According to our analysis of all the public data, 5 Gate Cottages, Alford is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in LN13.
The closest station to 5 Gate Cottages, Alford is Thorpe Culvert station which is 15.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5 Gate Cottages, Alford, 39.6% of property is privately owned outright and 34.2% is privately rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5 Gate Cottages, Alford, 17.5% of residents are recorded as possessing school level qualifications and 21.6% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5 Gate Cottages, Alford, the average age was 48.9 and the most common age was 72.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5 Gate Cottages, Alford, 0.6% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5 Gate Cottages, Alford, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
