HENLEY COTTAGE, CEMETERY ROAD, NORTH SOMERCOTES, LOUTH, LN11 7NR - £260,000

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

HENLEY COTTAGE is a midsized extended detached house of 97m², built sometime between 1900 and 1929. It was last sold for £260,000 in April 2023, which was around 6% below the average April 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2015, where the current energy rating was F, and the potential energy rating was C.

HENLEY COTTAGE Sold Prices

Land registry data shows two sales for HENLEY 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 HENLEY COTTAGE sales was for below the average price, whilst the other was 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
2023 14 APR	£260,000	£276,881	6% below HPI
1998 28 JAN	£66,500	£63,072	5% above HPI

HENLEY 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 HENLEY COTTAGE sales from January 1998 and April 2023 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 January 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is HENLEY COTTAGE?

HENLEY COTTAGE is 97m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 HENLEY COTTAGE lies on this distribution: 45% of detached houses are smaller than HENLEY COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

HENLEY COTTAGE: Plot and Title Map

HENLEY COTTAGE sits on a plot of roughly 0.288 of an acre, or 1,165m². The below map shows the location of HENLEY 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 HENLEY 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 HENLEY COTTAGE?

HENLEY COTTAGE is located on CEMETERY ROAD in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of HENLEY COTTAGE on CEMETERY ROAD.