CHAPEL COTTAGE, FIRSBY, SPILSBY, PE23 5QJ - £87,500

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

CHAPEL COTTAGE is a very small extended detached house of 68m², built sometime before 1900. It was last sold for £87,500 in January 2015, which was around 50% below the average January 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

CHAPEL COTTAGE Sold Prices

Land registry data shows two sales for CHAPEL 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 CHAPEL 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
2015 12 JAN	£87,500	£174,154	50% below HPI
2007 4 SEP	£120,000	£191,268	37% below HPI

CHAPEL 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 CHAPEL COTTAGE sales from September 2007 and January 2015 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 September 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2015 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is CHAPEL COTTAGE?

CHAPEL COTTAGE is 68m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Firsby, based on EPC data. The below chart shows the distribution of detached houses by size in Firsby, and where CHAPEL COTTAGE lies on this distribution: 2% of detached houses are smaller than CHAPEL COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Firsby.

CHAPEL COTTAGE: Plot and Title Map

CHAPEL COTTAGE sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of CHAPEL 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 CHAPEL 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 CHAPEL COTTAGE?

CHAPEL COTTAGE is located in FIRSBY, in the PE23 postcode district. The below map shows the position of CHAPEL COTTAGE in FIRSBY.