DORMER COTTAGE, SALMONBY ROAD, TETFORD, HORNCASTLE, LN9 6PY - £233,000

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

DORMER COTTAGE is a midsized detached house of 124m², built sometime between 1996 and 2002. It was last sold for £233,000 in December 2010, which was around 41% above the average December 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

DORMER COTTAGE Sold Prices

Land registry data shows three sales for DORMER 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 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
2010 17 DEC	£233,000	£165,271	41% above HPI
2010 25 MAY	£208,000	£171,911	21% above HPI
1997 30 JUN	£75,000	£60,100	25% above HPI

DORMER 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 DORMER COTTAGE sales between June 1997 and December 2010 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 2010 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2010 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is DORMER COTTAGE?

DORMER COTTAGE is 124m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 50% of detached houses in Tetford, based on EPC data. The below chart shows the distribution of detached houses by size in Tetford, and where DORMER COTTAGE lies on this distribution: 42% of detached houses are smaller than DORMER COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Tetford.

DORMER COTTAGE: Plot and Title Map

DORMER COTTAGE sits on a plot of roughly 0.352 of an acre, or 1,424m². 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 SALMONBY ROAD in TETFORD, in the LN9 postcode district. The below map shows the position of DORMER COTTAGE on SALMONBY ROAD.