BROOK COTTAGE, SEGGIMOOR, GLENTHAM, MARKET RASEN, LN8 2EP - £85,000

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

BROOK COTTAGE is a small extended detached house of 98m², built sometime before 1900. It was last sold for £85,000 in July 2002, which was around 18% below the average July 2002 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2014, where the current energy rating was F, and the potential energy rating was C.

BROOK COTTAGE Sold Prices

Land registry data shows two sales for BROOK 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 West Lindsey local authority area for the corresponding sale date. One of the two BROOK COTTAGE sales was for below the average price, whilst the other was 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
2002 11 JUL	£85,000	£103,382	18% below HPI
2000 24 JUL	£79,000	£72,988	8% above HPI

BROOK COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two BROOK COTTAGE sales from July 2000 and July 2002 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 July 2000 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2002 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is BROOK COTTAGE?

BROOK COTTAGE is 98m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in Glentham, based on EPC data. The below chart shows the distribution of detached houses by size in Glentham, and where BROOK COTTAGE lies on this distribution: 24% of detached houses are smaller than BROOK COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Glentham.

BROOK COTTAGE: Plot and Title Map

BROOK COTTAGE sits on a plot of roughly 0.312 of an acre, or 1,264m². The below map shows the location of BROOK 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 BROOK 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 BROOK COTTAGE?

BROOK COTTAGE is located on SEGGIMOOR in GLENTHAM, in the LN8 postcode district. The below map shows the position of BROOK COTTAGE on SEGGIMOOR.