CORNER COTTAGE, HOCKLESGATE, FLEET, SPALDING, PE12 8NE - £176,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CORNER COTTAGE is a very small extended detached house of 61m², built sometime between 1900 and 1929, which could now be worth an estimated £188,059. It was last sold for £176,000 in May 2024, which was around 34% below the average May 2024 detached price in the South Holland local authority area. The most recent EPC inspection was October 2024, where the current energy rating was D, and the potential energy rating was A.

CORNER COTTAGE Sold Prices

Land registry data shows seven sales for CORNER COTTAGE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the seven CORNER 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
2024 17 MAY	£176,000	£267,650	34% below HPI
2013 17 JUN	£105,500	£163,020	35% below HPI
2012 21 MAR	£90,000	£156,069	42% below HPI
2003 26 NOV	£100,000	£149,277	33% below HPI
2002 1 NOV	£55,000	£126,222	56% below HPI
2001 21 SEP	£33,000	£97,527	66% below HPI
1998 20 MAR	£22,000	£58,344	62% below HPI

CORNER COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The seven CORNER COTTAGE sales between March 1998 and May 2024 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 June 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2024 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might CORNER COTTAGE be worth now?

CORNER COTTAGE might now be worth an estimated £188,059.

This is based on house price inflation of 6.9%, between May 2024 and December 2024, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.9% inflationary increase is applied to the most recent sale price for CORNER COTTAGE of £176,000 on 17th May 2024. For the value to have increased from £176,000 to £188,059 over the five months to December 2024, the following assumptions must hold true:

• The value of CORNER COTTAGE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The May 2024 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of CORNER COTTAGE has not materially changed since May 2024.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 61m², which includes two extensions, according to the EPC inspection conducted in October 2024. This puts it in the smallest 10% of detached houses houses in Fleet Hargate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fleet Hargate, and where CORNER COTTAGE lies on this distribution: 5% of detached houses houses are smaller than CORNER COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Fleet Hargate.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.065 of an acre, or 263m². 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 HOCKLESGATE in FLEET, in the PE12 postcode district. The below map shows the position of CORNER COTTAGE on HOCKLESGATE.