BLACKSMITHS COTTAGE, MAIN ROAD, LEADENHAM, LINCOLN, LN5 0PY - £550,000

BLACKSMITHS COTTAGE is a very large extended detached house of 241m², built sometime between 1983 and 1990. It was last sold for £550,000 in December 2020, which was around 103% above the average December 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

BLACKSMITHS COTTAGE Sold Prices

Land registry data shows three sales for BLACKSMITHS 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 North Kesteven local authority area for the corresponding sale date. All of the three BLACKSMITHS 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
2020 10 DEC	£550,000	£271,548	103% above HPI
2007 26 OCT	£365,000	£200,012	82% above HPI
1998 27 MAR	£169,000	£67,479	150% above HPI

BLACKSMITHS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three BLACKSMITHS COTTAGE sales between March 1998 and December 2020 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 2007 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the December 2020 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is BLACKSMITHS COTTAGE?

BLACKSMITHS COTTAGE is 241m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses in Leadenham, based on EPC data. The below chart shows the distribution of detached houses by size in Leadenham, and where BLACKSMITHS COTTAGE lies on this distribution: 93% of detached houses are smaller than BLACKSMITHS COTTAGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Leadenham.

BLACKSMITHS COTTAGE: Plot and Title Map

BLACKSMITHS COTTAGE sits on a plot of roughly 0.332 of an acre, or 1,342m². The below map shows the location of BLACKSMITHS 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 BLACKSMITHS 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 BLACKSMITHS COTTAGE?

BLACKSMITHS COTTAGE is located on MAIN ROAD in LEADENHAM, in the LN5 postcode district. The below map shows the position of BLACKSMITHS COTTAGE on MAIN ROAD.