GOWTS COTTAGE, MAIN ROAD, SALTFLEET, LOUTH, LN11 7SB - £184,000

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

GOWTS COTTAGE is a midsized detached house of 113m², built sometime before 1900. It was last sold for £184,000 in August 2010, which was around 8% above the average August 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

GOWTS COTTAGE Sold Prices

Land registry data shows two sales for GOWTS COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the two GOWTS COTTAGE sales was for above the average price, whilst the other was 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
2010 4 AUG	£184,000	£170,916	8% above HPI
2001 8 OCT	£72,000	£88,982	19% below HPI

GOWTS 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 two GOWTS COTTAGE sales from October 2001 and August 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 October 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2010 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is GOWTS COTTAGE?

GOWTS COTTAGE is 113m² according to the EPC inspection conducted in February 2010. This puts it in the largest 50% of detached houses in Saltfleet, based on EPC data. The below chart shows the distribution of detached houses by size in Saltfleet, and where GOWTS COTTAGE lies on this distribution: 56% of detached houses are smaller than GOWTS COTTAGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Saltfleet.

GOWTS COTTAGE: Plot and Title Map

GOWTS COTTAGE sits on a plot of roughly 0.377 of an acre, or 1,527m². The below map shows the location of GOWTS 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 GOWTS 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 GOWTS COTTAGE?

GOWTS COTTAGE is located on MAIN ROAD in SALTFLEET, in the LN11 postcode district. The below map shows the position of GOWTS COTTAGE on MAIN ROAD.