BLACKSMITHS COTTAGE, MAIN STREET, FULSTOW, LOUTH, LN11 0XG - £360,000

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.

BLACKSMITHS COTTAGE is a large extended detached house of 170m², built sometime between 1900 and 1929, which could now be worth an estimated £425,933. It was last sold for £360,000 in June 2021, which was around 49% above the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

BLACKSMITHS COTTAGE Sold Prices

Land registry data shows two sales for BLACKSMITHS 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 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
2021 18 JUN	£360,000	£241,941	49% above HPI
1997 31 OCT	£94,000	£62,257	51% above HPI

BLACKSMITHS 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 BLACKSMITHS COTTAGE sales from October 1997 and June 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 1997 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the June 2021 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might BLACKSMITHS COTTAGE be worth now?

BLACKSMITHS COTTAGE might now be worth an estimated £425,933.

This is based on house price inflation of 18.3%, between June 2021 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 18.3% inflationary increase is applied to the most recent sale price for BLACKSMITHS COTTAGE of £360,000 on 18th June 2021. For the value to have increased from £360,000 to £425,933 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of BLACKSMITHS COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of BLACKSMITHS COTTAGE has not materially changed since June 2021.

How Large is BLACKSMITHS COTTAGE?

BLACKSMITHS COTTAGE is 170m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the largest 30% of detached houses houses in Fulstow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fulstow, and where BLACKSMITHS COTTAGE lies on this distribution: 71% of detached houses houses are smaller than BLACKSMITHS COTTAGE, and 29% of houses are larger. Note that EPC data is not available for all properties in Fulstow.

BLACKSMITHS COTTAGE: Plot and Title Map

BLACKSMITHS COTTAGE sits on a plot of roughly 0.999 of an acre, or 4,044m². 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 STREET in FULSTOW, in the LN11 postcode district. The below map shows the position of BLACKSMITHS COTTAGE on MAIN STREET.