THE COTTAGE, THORNTON ROAD, SOUTH KELSEY, MARKET RASEN, LN7 6PS - £280,501

THE COTTAGE is a small extended detached house of 112m², built sometime between 1900 and 1929. It was last sold for £280,501 in October 2023, which was around 2% below the average October 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2023, where the current energy rating was E, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two THE 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
2023 19 OCT	£280,501	£285,309	2% below HPI
2016 20 MAY	£175,000	£194,005	10% below HPI

THE 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 two THE COTTAGE sales from May 2016 and October 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 May 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 112m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the smallest 40% 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 THE COTTAGE lies on this distribution: 34% of detached houses are smaller than THE COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in South Kelsey.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.141 of an acre, or 573m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

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