CORNER COTTAGE, BUTTGATE, GRAINTHORPE, LOUTH, LN11 7HR - £217,500

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

CORNER COTTAGE is a very large extended detached house of 187m², built sometime before 1900. It was last sold for £217,500 in February 2014, which was around 29% above the average February 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2016, where the current energy rating was G, and the potential energy rating was C.

CORNER COTTAGE Sold Prices

Land registry data shows two sales for CORNER 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. One of the two CORNER COTTAGE sales was for above the average price, whilst the other was 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
2014 24 FEB	£217,500	£168,336	29% above HPI
1995 17 MAR	£54,950	£58,321	6% below HPI

CORNER 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 CORNER COTTAGE sales from March 1995 and February 2014 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 March 1995 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2014 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 187m², which includes four extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of detached houses in Grainthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Grainthorpe, and where CORNER COTTAGE lies on this distribution: 84% of detached houses are smaller than CORNER COTTAGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Grainthorpe.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of CORNER 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 CORNER 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 CORNER COTTAGE?

CORNER COTTAGE is located on BUTTGATE in GRAINTHORPE, in the LN11 postcode district. The below map shows the position of CORNER COTTAGE on BUTTGATE.