LABYRINTH COTTAGE, NORTHGATE, PINCHBECK, SPALDING, PE11 3TB - £380,000

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

LABYRINTH COTTAGE is a large extended detached house of 149m², built sometime before 1900. It was last sold for £380,000 in March 2021, which was around 53% above the average March 2021 detached price in the South Holland local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

LABYRINTH COTTAGE Sold Prices

Land registry data shows two sales for LABYRINTH 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 South Holland local authority area for the corresponding sale date. Both of the two LABYRINTH 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
2021 26 MAR	£380,000	£249,109	53% above HPI
2012 6 MAR	£250,000	£156,838	59% above HPI

LABYRINTH COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The two LABYRINTH COTTAGE sales from March 2012 and March 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 2012 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the March 2021 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is LABYRINTH COTTAGE?

LABYRINTH COTTAGE is 149m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of detached houses in Northgate, based on EPC data. The below chart shows the distribution of detached houses by size in Northgate, and where LABYRINTH COTTAGE lies on this distribution: 78% of detached houses are smaller than LABYRINTH COTTAGE, and 22% of houses are larger. Note that EPC data is not available for all properties in Northgate.

LABYRINTH COTTAGE: Plot and Title Map

LABYRINTH COTTAGE sits on a plot of roughly 0.485 of an acre, or 1,961m². The below map shows the location of LABYRINTH 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 LABYRINTH 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 LABYRINTH COTTAGE?

LABYRINTH COTTAGE is located on NORTHGATE in PINCHBECK, in the PE11 postcode district. The below map shows the position of LABYRINTH COTTAGE on NORTHGATE.