BEECH COTTAGE, SOUTH ROAD, TETFORD, HORNCASTLE, LN9 6QB - £279,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BEECH COTTAGE is a very small detached house of 91m², built sometime between 1976 and 1982, which could now be worth an estimated £337,618. It was last sold for £279,950 in February 2021, which was around 19% above the average February 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

BEECH COTTAGE Sold Prices

Land registry data shows two sales for BEECH COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the two BEECH COTTAGE sales was for above the average price, whilst the other was 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
2021 12 FEB	£279,950	£236,230	19% above HPI
2014 23 OCT	£140,000	£181,226	23% below HPI

BEECH 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 two BEECH COTTAGE sales from October 2014 and February 2021 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 October 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might BEECH COTTAGE be worth now?

BEECH COTTAGE might now be worth an estimated £337,618.

This is based on house price inflation of 20.6%, between February 2021 and December 2024, 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 20.6% inflationary increase is applied to the most recent sale price for BEECH COTTAGE of £279,950 on 12th February 2021. For the value to have increased from £279,950 to £337,618 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of BEECH COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2021 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of BEECH COTTAGE has not materially changed since February 2021.

How Large is BEECH COTTAGE?

BEECH COTTAGE is 91m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses houses in Tetford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tetford, and where BEECH COTTAGE lies on this distribution: 17% of detached houses houses are smaller than BEECH COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Tetford.

BEECH COTTAGE: Plot and Title Map

BEECH COTTAGE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of BEECH 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 BEECH 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 BEECH COTTAGE?

BEECH COTTAGE is located on SOUTH ROAD in TETFORD, in the LN9 postcode district. The below map shows the position of BEECH COTTAGE on SOUTH ROAD.