HILL SIDE COTTAGE, MAIN ROAD, WELBOURN, LINCOLN, LN5 0QJ - £265,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HILL SIDE COTTAGE is a very large extended detached house of 194m², built sometime between 1900 and 1929, which could now be worth an estimated £315,970. It was last sold for £265,500 in October 2019, which was around 4% above the average October 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was A.

HILL SIDE COTTAGE Sold Prices

Land registry data shows two sales for HILL SIDE 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 North Kesteven local authority area for the corresponding sale date. Both of the two HILL SIDE 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
2019 30 OCT	£265,500	£254,391	4% above HPI
2000 8 SEP	£118,000	£80,678	46% above HPI

HILL SIDE 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 two HILL SIDE COTTAGE sales from September 2000 and October 2019 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 September 2000 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the October 2019 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might HILL SIDE COTTAGE be worth now?

HILL SIDE COTTAGE might now be worth an estimated £315,970.

This is based on house price inflation of 19%, between October 2019 and February 2025, 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 19% inflationary increase is applied to the most recent sale price for HILL SIDE COTTAGE of £265,500 on 30th October 2019. For the value to have increased from £265,500 to £315,970 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of HILL SIDE COTTAGE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2019 sale price of £265,500 represented a fair market value for the property.
• The size, condition, and specification of HILL SIDE COTTAGE has not materially changed since October 2019.

How Large is HILL SIDE COTTAGE?

HILL SIDE COTTAGE is 194m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses houses in Welbourn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welbourn, and where HILL SIDE COTTAGE lies on this distribution: 86% of detached houses houses are smaller than HILL SIDE COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Welbourn.

HILL SIDE COTTAGE: Plot and Title Map

HILL SIDE COTTAGE sits on a plot of roughly 0.314 of an acre, or 1,270m². The below map shows the location of HILL SIDE 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 HILL SIDE 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 HILL SIDE COTTAGE?

HILL SIDE COTTAGE is located on MAIN ROAD in WELBOURN, in the LN5 postcode district. The below map shows the position of HILL SIDE COTTAGE on MAIN ROAD.