DORMER COTTAGE, MARRIOTS GATE, LUTTON, SPALDING, PE12 9HN - £550,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

DORMER COTTAGE is a very large detached house of 231m², built sometime between 2003 and 2006. It was last sold for £550,000 in March 2020, which was around 137% above the average March 2020 detached price in the South Holland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was A.

DORMER COTTAGE Sold Prices

Land registry data shows four sales for DORMER 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 DORMER 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
2020 13 MAR	£550,000	£232,523	137% above HPI
2003 6 FEB	£150,000	£129,552	16% above HPI
1998 20 NOV	£72,000	£63,852	13% above HPI
1995 23 NOV	£47,500	£56,272	16% below HPI

DORMER 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 DORMER COTTAGE sales between November 1995 and March 2020 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 February 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2020 sale, where it rises to 137% above the HPI. The line then continues to track at 137% above the HPI.

How Large is DORMER COTTAGE?

DORMER COTTAGE is 231m² according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses in Lutton, based on EPC data. The below chart shows the distribution of detached houses by size in Lutton, and where DORMER COTTAGE lies on this distribution: 99% of detached houses are smaller than DORMER COTTAGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Lutton.

DORMER COTTAGE: Plot and Title Map

DORMER COTTAGE sits on a plot of roughly 1.0 acres, or 4,113m². The below map shows the location of DORMER 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 DORMER 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 DORMER COTTAGE?

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