COBBLERS COTTAGE, STATION ROAD, LEGBOURNE, LOUTH, LN11 8LL - £165,000

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.

COBBLERS COTTAGE is a large extended detached house of 158m², built sometime before 1900, which could now be worth an estimated £281,341. It was last sold for £165,000 in August 2009, which was around 2% below the average August 2009 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2009, where the current energy rating was F, and the potential energy rating was E.

COBBLERS COTTAGE Sold Prices

Land registry data shows three sales for COBBLERS COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three COBBLERS COTTAGE sales were for below the average price, whilst one 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
2009 7 AUG	£165,000	£167,880	2% below HPI
2001 31 OCT	£80,000	£90,279	11% below HPI
1995 14 JUL	£110,000	£55,050	100% above HPI

COBBLERS 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 three COBBLERS COTTAGE sales between July 1995 and August 2009 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 October 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2009 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might COBBLERS COTTAGE be worth now?

COBBLERS COTTAGE might now be worth an estimated £281,341.

This is based on house price inflation of 70.5%, between August 2009 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 70.5% inflationary increase is applied to the most recent sale price for COBBLERS COTTAGE of £165,000 on 7th August 2009. For the value to have increased from £165,000 to £281,341 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of COBBLERS COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2009 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of COBBLERS COTTAGE has not materially changed since August 2009.

How Large is COBBLERS COTTAGE?

COBBLERS COTTAGE is 158m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 40% 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 COBBLERS COTTAGE lies on this distribution: 67% of detached houses houses are smaller than COBBLERS COTTAGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

COBBLERS COTTAGE: Plot and Title Map

COBBLERS COTTAGE sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of COBBLERS 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 COBBLERS 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 COBBLERS COTTAGE?

COBBLERS COTTAGE is located on STATION ROAD in LEGBOURNE, in the LN11 postcode district. The below map shows the position of COBBLERS COTTAGE on STATION ROAD.