BAINSIDE COTTAGE, KILN HILL, LUDFORD, MARKET RASEN, LN8 6AE - £150,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BAINSIDE COTTAGE is a midsized extended detached house of 104m², built sometime before 1900. It was last sold for £150,000 in August 2016, which was around 21% below the average August 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2009, where the current energy rating was F, and the potential energy rating was E.

BAINSIDE COTTAGE Sold Prices

Land registry data shows three sales for BAINSIDE 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. Two of the three BAINSIDE COTTAGE sales were for below the average price, whilst one was 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
2016 12 AUG	£150,000	£189,466	21% below HPI
2005 26 MAY	£170,000	£171,373	1% below HPI
2003 28 JUL	£137,000	£136,015	1% above HPI

BAINSIDE 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 BAINSIDE COTTAGE sales between July 2003 and August 2016 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 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is BAINSIDE COTTAGE?

BAINSIDE COTTAGE is 104m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 50% of detached houses in Ludford, based on EPC data. The below chart shows the distribution of detached houses by size in Ludford, and where BAINSIDE COTTAGE lies on this distribution: 50% of detached houses are smaller than BAINSIDE COTTAGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Ludford.

BAINSIDE COTTAGE: Plot and Title Map

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

BAINSIDE COTTAGE is located on KILN HILL in LUDFORD, in the LN8 postcode district. The below map shows the position of BAINSIDE COTTAGE on KILN HILL.