FORGE COTTAGE, BRIGG ROAD, SOUTH KELSEY, MARKET RASEN, LN7 6PQ - £167,500

FORGE COTTAGE is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £167,500 in May 2013, which was around 5% below the average May 2013 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

FORGE COTTAGE Sold Prices

Land registry data shows four sales for FORGE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the four FORGE COTTAGE 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 23 MAY	£167,500	£176,784	5% below HPI
2004 23 APR	£161,500	£153,384	5% above HPI
2000 30 NOV	£72,000	£81,091	11% below HPI
2000 16 JUN	£66,350	£74,087	10% below HPI

FORGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four FORGE COTTAGE sales between June 2000 and May 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 April 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2013 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 98m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in South Kelsey, based on EPC data. The below chart shows the distribution of detached houses by size in South Kelsey, and where FORGE COTTAGE lies on this distribution: 26% of detached houses are smaller than FORGE COTTAGE, and 74% of houses are larger. Note that EPC data is not available for all properties in South Kelsey.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of FORGE COTTAGE, 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 FORGE COTTAGE). 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 FORGE COTTAGE?

FORGE COTTAGE is located on BRIGG ROAD in SOUTH KELSEY, in the LN7 postcode district. The below map shows the position of FORGE COTTAGE on BRIGG ROAD.