IVY COTTAGE, MAIN ROAD, UTTERBY, LOUTH, LN11 0TQ - £220,000

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

IVY COTTAGE is a small extended detached house of 104m², built sometime between 1900 and 1929. It was last sold for £220,000 in April 2021, which was around 5% below the average April 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

IVY COTTAGE Sold Prices

Land registry data shows four sales for IVY 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. All of the four IVY 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
2021 15 APR	£220,000	£232,750	5% below HPI
2019 1 MAR	£174,000	£226,985	23% below HPI
2015 10 SEP	£162,000	£187,244	13% below HPI
2014 27 JUN	£103,000	£174,182	41% below HPI

IVY 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 IVY COTTAGE sales between June 2014 and April 2021 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 March 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is IVY COTTAGE?

IVY COTTAGE is 104m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Utterby, based on EPC data. The below chart shows the distribution of detached houses by size in Utterby, and where IVY COTTAGE lies on this distribution: 35% of detached houses are smaller than IVY COTTAGE, and 63% of houses are larger. Note that EPC data is not available for all properties in Utterby.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of IVY 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 IVY 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 IVY COTTAGE?

IVY COTTAGE is located on MAIN ROAD in UTTERBY, in the LN11 postcode district. The below map shows the position of IVY COTTAGE on MAIN ROAD.