BEECH COTTAGE, THAMES STREET, HOGSTHORPE, SKEGNESS, PE24 5PR - £160,000

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

BEECH COTTAGE is a very small detached house of 63m², built sometime between 2003 and 2006. It was last sold for £160,000 in October 2023, which was around 42% below the average October 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, 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. Both of the two BEECH COTTAGE sales 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
2023 6 OCT	£160,000	£277,683	42% below HPI
2012 19 JUN	£117,000	£162,711	28% 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 June 2012 and October 2023 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 June 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is BEECH COTTAGE?

BEECH COTTAGE is 63m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Hogsthorpe, and where BEECH COTTAGE lies on this distribution: 18% of detached houses are smaller than BEECH COTTAGE, and 81% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

BEECH COTTAGE: Plot and Title Map

BEECH COTTAGE sits on a plot of roughly 0.057 of an acre, or 229m². 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 THAMES STREET in HOGSTHORPE, in the PE24 postcode district. The below map shows the position of BEECH COTTAGE on THAMES STREET.