BAY TREE COTTAGE, NORTH ROAD, TATTERSHALL THORPE, LINCOLN, LN4 4PQ - £390,000

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.

BAY TREE COTTAGE is a very large detached house of 155m², which could now be worth an estimated £497,284. It was last sold for £390,000 in August 2019, which was around 74% above the average August 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

BAY TREE COTTAGE Sold Prices

Land registry data shows three sales for BAY TREE 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. One of the three BAY TREE COTTAGE sales was for above the average price, whilst two 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
2019 28 AUG	£390,000	£224,496	74% above HPI
2018 26 JAN	£85,000	£212,742	60% below HPI
2017 22 AUG	£85,000	£214,322	60% below HPI

BAY TREE 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 BAY TREE COTTAGE sales between August 2017 and August 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 January 2018 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the August 2019 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might BAY TREE COTTAGE be worth now?

BAY TREE COTTAGE might now be worth an estimated £497,284.

This is based on house price inflation of 27.5%, between August 2019 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 27.5% inflationary increase is applied to the most recent sale price for BAY TREE COTTAGE of £390,000 on 28th August 2019. For the value to have increased from £390,000 to £497,284 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of BAY TREE COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2019 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of BAY TREE COTTAGE has not materially changed since August 2019.

How Large is BAY TREE COTTAGE?

BAY TREE COTTAGE is 155m² according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses houses in Tattershall Thorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tattershall Thorpe, and where BAY TREE COTTAGE lies on this distribution: 82% of detached houses houses are smaller than BAY TREE COTTAGE, and 18% of houses are larger. Note that EPC data is not available for all properties in Tattershall Thorpe.

BAY TREE COTTAGE: Plot and Title Map

BAY TREE COTTAGE sits on a plot of roughly 0.216 of an acre, or 874m². The below map shows the location of BAY TREE 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 BAY TREE 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 BAY TREE COTTAGE?

BAY TREE COTTAGE is located on NORTH ROAD in TATTERSHALL THORPE, in the LN4 postcode district. The below map shows the position of BAY TREE COTTAGE on NORTH ROAD.