HAWTHORNE COTTAGE, PADLEYS LANE, KEAL COTES, SPILSBY, PE23 4AP - £450,000

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

HAWTHORNE COTTAGE is a very large extended detached house of 165m², built sometime before 1900. It was last sold for £450,000 in December 2021, which was around 73% above the average December 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

HAWTHORNE COTTAGE Sold Prices

Land registry data shows two sales for HAWTHORNE 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. Both of the two HAWTHORNE 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
2021 7 DEC	£450,000	£260,179	73% above HPI
2014 13 AUG	£280,000	£174,797	60% above HPI

HAWTHORNE 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 HAWTHORNE COTTAGE sales from August 2014 and December 2021 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 August 2014 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the December 2021 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is HAWTHORNE COTTAGE?

HAWTHORNE COTTAGE is 165m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses in Keal Cotes, based on EPC data. The below chart shows the distribution of detached houses by size in Keal Cotes, and where HAWTHORNE COTTAGE lies on this distribution: 80% of detached houses are smaller than HAWTHORNE COTTAGE, and 20% of houses are larger. Note that EPC data is not available for all properties in Keal Cotes.

HAWTHORNE COTTAGE: Plot and Title Map

HAWTHORNE COTTAGE sits on a plot of roughly 0.993 of an acre, or 4,018m². The below map shows the location of HAWTHORNE 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 HAWTHORNE 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 HAWTHORNE COTTAGE?

HAWTHORNE COTTAGE is located on PADLEYS LANE in KEAL COTES, in the PE23 postcode district. The below map shows the position of HAWTHORNE COTTAGE on PADLEYS LANE.