APRIL COTTAGE, MAIN ROAD, BELCHFORD, HORNCASTLE, LN9 6LQ - £425,000

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.

APRIL COTTAGE is a midsized extended detached house of 136m², built sometime before 1900, which could now be worth an estimated £428,426. It was last sold for £425,000 in October 2022, which was around 50% above the average October 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.

APRIL COTTAGE Sold Prices

Land registry data shows three sales for APRIL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three APRIL 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
2022 19 OCT	£425,000	£283,963	50% above HPI
2014 14 MAY	£202,000	£174,953	15% above HPI
2001 13 NOV	£115,000	£90,811	27% above HPI

APRIL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three APRIL COTTAGE sales between November 2001 and October 2022 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 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2022 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might APRIL COTTAGE be worth now?

APRIL COTTAGE might now be worth an estimated £428,426.

This is based on house price inflation of 0.8%, between October 2022 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% inflationary increase is applied to the most recent sale price for APRIL COTTAGE of £425,000 on 19th October 2022. For the value to have increased from £425,000 to £428,426 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of APRIL COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of APRIL COTTAGE has not materially changed since October 2022.

How Large is APRIL COTTAGE?

APRIL COTTAGE is 136m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses houses in Belchford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belchford, and where APRIL COTTAGE lies on this distribution: 55% of detached houses houses are smaller than APRIL COTTAGE, and 45% of houses are larger. Note that EPC data is not available for all properties in Belchford.

APRIL COTTAGE: Plot and Title Map

APRIL COTTAGE sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of APRIL 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 APRIL 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 APRIL COTTAGE?

APRIL COTTAGE is located on MAIN ROAD in BELCHFORD, in the LN9 postcode district. The below map shows the position of APRIL COTTAGE on MAIN ROAD.