HAWTHORNE COTTAGE, THE COMMON, NORTH SOMERCOTES, LOUTH, LN11 7NN - £425,000

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 midsized extended detached house of 100m², built sometime between 1900 and 1929. It was last sold for £425,000 in April 2022, which was around 61% above the average April 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was C.

HAWTHORNE COTTAGE Sold Prices

Land registry data shows four sales for HAWTHORNE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four 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
2022 8 APR	£425,000	£264,293	61% above HPI
2017 30 NOV	£310,000	£207,429	49% above HPI
2001 16 NOV	£105,000	£89,506	17% above HPI
1995 17 NOV	£53,000	£55,148	4% below 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 four HAWTHORNE COTTAGE sales between November 1995 and April 2022 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 November 2017 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the April 2022 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is HAWTHORNE COTTAGE?

HAWTHORNE COTTAGE is 100m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 50% of detached houses in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in North Somercotes, and where HAWTHORNE COTTAGE lies on this distribution: 47% of detached houses are smaller than HAWTHORNE COTTAGE, and 52% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

HAWTHORNE COTTAGE: Plot and Title Map

HAWTHORNE COTTAGE sits on a plot of roughly 0.439 of an acre, or 1,775m². 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 THE COMMON in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of HAWTHORNE COTTAGE on THE COMMON.