ARTWELL COTTAGE, WARREN ROAD, NORTH SOMERCOTES, LOUTH, LN11 7RA - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

ARTWELL COTTAGE is a large extended detached house of 142m², built sometime between 1996 and 2002. It was last sold for £320,000 in November 2019, which was around 42% above the average November 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2018, where the current energy rating was F, and the potential energy rating was D.

ARTWELL COTTAGE Sold Prices

Land registry data shows three sales for ARTWELL 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 ARTWELL 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
2019 20 NOV	£320,000	£225,476	42% above HPI
2018 15 AUG	£285,000	£218,460	30% above HPI
2009 4 SEP	£249,950	£165,486	51% above HPI

ARTWELL 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 ARTWELL COTTAGE sales between September 2009 and November 2019 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 August 2018 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2019 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is ARTWELL COTTAGE?

ARTWELL COTTAGE is 142m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in North Somercotes, and where ARTWELL COTTAGE lies on this distribution: 73% of detached houses are smaller than ARTWELL COTTAGE, and 27% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

ARTWELL COTTAGE: Plot and Title Map

ARTWELL COTTAGE sits on a plot of roughly 0.364 of an acre, or 1,471m². The below map shows the location of ARTWELL 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 ARTWELL 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 ARTWELL COTTAGE?

ARTWELL COTTAGE is located on WARREN ROAD in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of ARTWELL COTTAGE on WARREN ROAD.