1, FARM COTTAGE, CHURCH LANE, HARMSTON, LINCOLN, LN5 9SS - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 FARM COTTAGE is a very small extended semi-detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £302,300. It was last sold for £170,000 in January 2012, which was around 48% above the average January 2012 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

1 FARM COTTAGE Sold Prices

Land registry data shows four sales for 1 FARM COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 1 FARM COTTAGE sales were for above 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
2012 18 JAN	£170,000	£114,611	48% above HPI
2007 2 JUL	£199,950	£131,796	52% above HPI
2006 6 DEC	£197,500	£123,831	59% above HPI
2003 14 OCT	£129,950	£93,378	39% above HPI

1 FARM COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four 1 FARM COTTAGE sales between October 2003 and January 2012 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 July 2007 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the January 2012 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 1 FARM COTTAGE be worth now?

1 FARM COTTAGE might now be worth an estimated £302,300.

This is based on house price inflation of 77.8%, between January 2012 and February 2025, for semi-detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.8% inflationary increase is applied to the most recent sale price for 1 FARM COTTAGE of £170,000 on 18th January 2012. For the value to have increased from £170,000 to £302,300 over the twelve years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 FARM COTTAGE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The January 2012 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FARM COTTAGE has not materially changed since January 2012.

How Large is 1 FARM COTTAGE?

1 FARM COTTAGE is 91m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of semi-detached houses houses in Harmston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Harmston, and where 1 FARM COTTAGE lies on this distribution: 6% of semi-detached houses houses are smaller than 1 FARM COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Harmston.

1 FARM COTTAGE: Plot and Title Map

1 FARM COTTAGE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 1 FARM 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 1 FARM 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 1 FARM COTTAGE?

1 FARM COTTAGE is located on CHURCH LANE in HARMSTON, in the LN5 postcode district. The below map shows the position of 1 FARM COTTAGE on CHURCH LANE.