DEAR LOVE COTTAGE, DEAR LOVE GATE, LUTTON, SPALDING, PE12 9WB - £324,950

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

DEAR LOVE COTTAGE is a very large extended detached house of 168m², built sometime before 1900. It was last sold for £324,950 in June 2017, which was around 45% above the average June 2017 detached price in the South Holland local authority area. The most recent EPC inspection was June 2010, where the current energy rating was F, and the potential energy rating was F.

DEAR LOVE COTTAGE Sold Prices

Land registry data shows four sales for DEAR LOVE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the four DEAR LOVE 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
2017 14 JUN	£324,950	£223,580	45% above HPI
2012 24 AUG	£191,000	£171,304	11% above HPI
2011 2 SEP	£183,000	£171,153	7% above HPI
1998 16 FEB	£28,000	£59,258	53% below HPI

DEAR LOVE 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 four DEAR LOVE COTTAGE sales between February 1998 and June 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 August 2012 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2017 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is DEAR LOVE COTTAGE?

DEAR LOVE COTTAGE is 168m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 20% of detached houses in Lutton, based on EPC data. The below chart shows the distribution of detached houses by size in Lutton, and where DEAR LOVE COTTAGE lies on this distribution: 89% of detached houses are smaller than DEAR LOVE COTTAGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Lutton.

DEAR LOVE COTTAGE: Plot and Title Map

DEAR LOVE COTTAGE sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of DEAR LOVE 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 DEAR LOVE 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 DEAR LOVE COTTAGE?

DEAR LOVE COTTAGE is located on DEAR LOVE GATE in LUTTON, in the PE12 postcode district. The below map shows the position of DEAR LOVE COTTAGE on DEAR LOVE GATE.