GRANGE COTTAGE, BASSINGHAM ROAD, AUBOURN, LINCOLN, LN5 9EA - £562,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GRANGE COTTAGE is a small extended detached house of 150m², built sometime before 1900, which could now be worth an estimated £566,749. It was last sold for £562,500 in February 2024, which was around 92% above the average February 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2023, where the current energy rating was F, and the potential energy rating was B.

GRANGE COTTAGE Sold Prices

Land registry data shows three sales for GRANGE 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 North Kesteven local authority area for the corresponding sale date. All of the three GRANGE 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
2024 6 FEB	£562,500	£292,434	92% above HPI
2022 21 OCT	£490,000	£318,633	54% above HPI
2018 23 FEB	£269,950	£237,812	14% above HPI

GRANGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three GRANGE COTTAGE sales between February 2018 and February 2024 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 2022 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2024 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.

What might GRANGE COTTAGE be worth now?

GRANGE COTTAGE might now be worth an estimated £566,749.

This is based on house price inflation of 0.8%, between February 2024 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% inflationary increase is applied to the most recent sale price for GRANGE COTTAGE of £562,500 on 6th February 2024. For the value to have increased from £562,500 to £566,749 over the two months to December 2024, the following assumptions must hold true:

• The value of GRANGE COTTAGE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2024 sale price of £562,500 represented a fair market value for the property.
• The size, condition, and specification of GRANGE COTTAGE has not materially changed since February 2024.

How Large is GRANGE COTTAGE?

GRANGE COTTAGE is 150m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses houses in Aubourn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aubourn, and where GRANGE COTTAGE lies on this distribution: 33% of detached houses houses are smaller than GRANGE COTTAGE, and 67% of houses are larger. Note that EPC data is not available for all properties in Aubourn.

GRANGE COTTAGE: Plot and Title Map

GRANGE COTTAGE sits on a plot of roughly 1.2 acres, or 4,739m². The below map shows the location of GRANGE 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 GRANGE 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 GRANGE COTTAGE?

GRANGE COTTAGE is located on BASSINGHAM ROAD in AUBOURN, in the LN5 postcode district. The below map shows the position of GRANGE COTTAGE on BASSINGHAM ROAD.