EAST COTTAGE, STONE PIT LANE, MARSTON, GRANTHAM, NG32 2JH - £220,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

EAST COTTAGE is a very small semi-detached house of 108m², built sometime before 1900. It was last sold for £220,000 in May 2016, which was around 16% below the average May 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

EAST COTTAGE Sold Prices

Land registry data shows five sales for EAST COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five EAST 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
2016 27 MAY	£220,000	£260,567	16% below HPI
2006 11 JUL	£178,500	£224,890	21% below HPI
2001 27 JUL	£87,600	£120,395	27% below HPI
2000 14 JAN	£77,000	£94,625	19% below HPI
1997 21 JUL	£42,000	£78,035	46% below HPI

EAST COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The five EAST COTTAGE sales between July 1997 and May 2016 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 July 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is EAST COTTAGE?

EAST COTTAGE is 108m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Marston, based on EPC data. The below chart shows the distribution of detached houses by size in Marston, and where EAST COTTAGE lies on this distribution: 8% of detached houses are smaller than EAST COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Marston.

EAST COTTAGE: Plot and Title Map

EAST COTTAGE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of EAST 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 EAST 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 EAST COTTAGE?

EAST COTTAGE is located on STONE PIT LANE in MARSTON, in the NG32 postcode district. The below map shows the position of EAST COTTAGE on STONE PIT LANE.