CHAPEL COTTAGE, LITTLE STEEPING, SPILSBY, PE23 5BL - £310,000

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

CHAPEL COTTAGE is a midsized extended detached house of 133m², built sometime before 1900. It was last sold for £310,000 in September 2020, which was around 39% above the average September 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was C.

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 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
2020 30 SEP	£310,000	£222,611	39% above HPI
2010 13 JUL	£185,000	£168,200	10% above 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 July 2010 and September 2020 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 2010 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2020 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is CHAPEL COTTAGE?

CHAPEL COTTAGE is 133m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 50% of detached houses in Little Steeping, based on EPC data. The below chart shows the distribution of detached houses by size in Little Steeping, and where CHAPEL COTTAGE lies on this distribution: 50% of detached houses are smaller than CHAPEL COTTAGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Little Steeping.

CHAPEL COTTAGE: Plot and Title Map

CHAPEL COTTAGE sits on a plot of roughly 0.183 of an acre, or 741m². 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 LITTLE STEEPING, in the PE23 postcode district. The below map shows the position of CHAPEL COTTAGE in LITTLE STEEPING.