BLOSSOM TREE COTTAGE, COWLE LANE, LEGBOURNE, LOUTH, LN11 8LP - £220,000

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.

BLOSSOM TREE COTTAGE is a very small detached house of 67m², built sometime between 1900 and 1929, which could now be worth an estimated £238,570. It was last sold for £220,000 in December 2021, which was around 17% below the average December 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

BLOSSOM TREE COTTAGE Sold Prices

Land registry data shows two sales for BLOSSOM TREE 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 BLOSSOM TREE 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
2021 14 DEC	£220,000	£263,970	17% below HPI
2004 13 AUG	£120,000	£163,467	27% below HPI

BLOSSOM 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 two BLOSSOM TREE COTTAGE sales from August 2004 and December 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 August 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might BLOSSOM TREE COTTAGE be worth now?

BLOSSOM TREE COTTAGE might now be worth an estimated £238,570.

This is based on house price inflation of 8.4%, between December 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 8.4% inflationary increase is applied to the most recent sale price for BLOSSOM TREE COTTAGE of £220,000 on 14th December 2021. For the value to have increased from £220,000 to £238,570 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of BLOSSOM TREE COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of BLOSSOM TREE COTTAGE has not materially changed since December 2021.

How Large is BLOSSOM TREE COTTAGE?

BLOSSOM TREE COTTAGE is 67m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of detached houses houses in Legbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Legbourne, and where BLOSSOM TREE COTTAGE lies on this distribution: 2% of detached houses houses are smaller than BLOSSOM TREE COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

BLOSSOM TREE COTTAGE: Plot and Title Map

BLOSSOM TREE COTTAGE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of BLOSSOM 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 BLOSSOM 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 BLOSSOM TREE COTTAGE?

BLOSSOM TREE COTTAGE is located on COWLE LANE in LEGBOURNE, in the LN11 postcode district. The below map shows the position of BLOSSOM TREE COTTAGE on COWLE LANE.