CORKSCREW COTTAGE, BLACKSMITH LANE, EAST KEAL, SPILSBY, PE23 4AZ - £165,000

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

CORKSCREW COTTAGE is a small extended detached house of 93m², built sometime before 1900. It was last sold for £165,000 in August 2017, which was around 22% below the average August 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2017, where the current energy rating was F, and the potential energy rating was C.

CORKSCREW COTTAGE Sold Prices

Land registry data shows three sales for CORKSCREW 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. All of the three CORKSCREW 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
2017 10 AUG	£165,000	£211,244	22% below HPI
2013 10 MAY	£124,350	£170,620	27% below HPI
1998 7 OCT	£53,000	£64,551	18% below HPI

CORKSCREW 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 CORKSCREW COTTAGE sales between October 1998 and August 2017 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 May 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2017 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is CORKSCREW COTTAGE?

CORKSCREW COTTAGE is 93m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% of detached houses in East Keal, based on EPC data. The below chart shows the distribution of detached houses by size in East Keal, and where CORKSCREW COTTAGE lies on this distribution: 22% of detached houses are smaller than CORKSCREW COTTAGE, and 78% of houses are larger. Note that EPC data is not available for all properties in East Keal.

CORKSCREW COTTAGE: Plot and Title Map

CORKSCREW COTTAGE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of CORKSCREW 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 CORKSCREW 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 CORKSCREW COTTAGE?

CORKSCREW COTTAGE is located on BLACKSMITH LANE in EAST KEAL, in the PE23 postcode district. The below map shows the position of CORKSCREW COTTAGE on BLACKSMITH LANE.