CARPENTERS COTTAGE, CHAPEL LANE, LUDBOROUGH, GRIMSBY, DN36 5SJ - £380,000

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

CARPENTERS COTTAGE is a very small detached house of 133m², built sometime before 1900. It was last sold for £380,000 in September 2021, which was around 55% above the average September 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2019, where the current energy rating was F, and the potential energy rating was B.

CARPENTERS COTTAGE Sold Prices

Land registry data shows two sales for CARPENTERS 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 CARPENTERS 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 28 SEP	£380,000	£245,698	55% above HPI
2020 4 JUN	£315,000	£218,791	44% above HPI

CARPENTERS 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 CARPENTERS COTTAGE sales from June 2020 and September 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 June 2020 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the September 2021 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is CARPENTERS COTTAGE?

CARPENTERS COTTAGE is 133m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of detached houses in Ludborough, based on EPC data. The below chart shows the distribution of detached houses by size in Ludborough, and where CARPENTERS COTTAGE lies on this distribution: 16% of detached houses are smaller than CARPENTERS COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Ludborough.

CARPENTERS COTTAGE: Plot and Title Map

CARPENTERS COTTAGE sits on a plot of roughly 0.167 of an acre, or 678m². The below map shows the location of CARPENTERS 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 CARPENTERS 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 CARPENTERS COTTAGE?

CARPENTERS COTTAGE is located on CHAPEL LANE in LUDBOROUGH, in the DN36 postcode district. The below map shows the position of CARPENTERS COTTAGE on CHAPEL LANE.