HOLLY COTTAGE, MAIN ROAD, WITHERN, ALFORD, LN13 0LD - £245,000

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

HOLLY COTTAGE is a midsized extended detached house of 122m², built sometime before 1900. It was last sold for £245,000 in July 2018, which was around 13% above the average July 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2013, where the current energy rating was F, and the potential energy rating was C.

HOLLY COTTAGE Sold Prices

Land registry data shows two sales for HOLLY 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 HOLLY 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
2018 26 JUL	£245,000	£217,358	13% above HPI
2013 1 MAY	£172,500	£170,620	1% above HPI

HOLLY 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 HOLLY COTTAGE sales from May 2013 and July 2018 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 May 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2018 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is HOLLY COTTAGE?

HOLLY COTTAGE is 122m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses in Withern, based on EPC data. The below chart shows the distribution of detached houses by size in Withern, and where HOLLY COTTAGE lies on this distribution: 56% of detached houses are smaller than HOLLY COTTAGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Withern.

HOLLY COTTAGE: Plot and Title Map

HOLLY COTTAGE sits on a plot of roughly 0.345 of an acre, or 1,398m². The below map shows the location of HOLLY 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 HOLLY 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 HOLLY COTTAGE?

HOLLY COTTAGE is located on MAIN ROAD in WITHERN, in the LN13 postcode district. The below map shows the position of HOLLY COTTAGE on MAIN ROAD.