HORNS COTTAGE, POORS END, GRAINTHORPE, LOUTH, LN11 7JB - £162,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HORNS COTTAGE is a small extended detached house of 91m², built sometime before 1900, which could now be worth an estimated £216,875. It was last sold for £162,500 in September 2017, which was around 24% below the average September 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was F, and the potential energy rating was E.

HORNS COTTAGE Sold Prices

Land registry data shows six sales for HORNS COTTAGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the six HORNS COTTAGE sales were for below 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
2017 18 SEP	£162,500	£213,464	24% below HPI
2015 27 MAY	£124,000	£182,582	32% below HPI
2013 10 OCT	£142,500	£172,648	17% below HPI
2009 28 AUG	£140,000	£167,880	17% below HPI
2004 14 JUN	£120,000	£160,163	25% below HPI
1998 3 APR	£16,000	£61,247	74% below HPI

HORNS 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 six HORNS COTTAGE sales between April 1998 and September 2017 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 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might HORNS COTTAGE be worth now?

HORNS COTTAGE might now be worth an estimated £216,875.

This is based on house price inflation of 33.5%, between September 2017 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.5% inflationary increase is applied to the most recent sale price for HORNS COTTAGE of £162,500 on 18th September 2017. For the value to have increased from £162,500 to £216,875 over the six years and nine months to December 2024, the following assumptions must hold true:

• The value of HORNS COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2017 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of HORNS COTTAGE has not materially changed since September 2017.

How Large is HORNS COTTAGE?

HORNS COTTAGE is 91m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses houses in Grainthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grainthorpe, and where HORNS COTTAGE lies on this distribution: 24% of detached houses houses are smaller than HORNS COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Grainthorpe.

HORNS COTTAGE: Plot and Title Map

HORNS COTTAGE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of HORNS 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 HORNS 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 HORNS COTTAGE?

HORNS COTTAGE is located on POORS END in GRAINTHORPE, in the LN11 postcode district. The below map shows the position of HORNS COTTAGE on POORS END.