LAKE COTTAGE, CHURCH LANE, ALVINGHAM, LOUTH, LN11 0QD - £375,000

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

LAKE COTTAGE is a large extended detached house of 172m², built sometime before 1900. It was last sold for £375,000 in September 2021, which was around 53% above the average September 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

LAKE COTTAGE Sold Prices

Land registry data shows three sales for LAKE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three LAKE COTTAGE sales were for above the average price, whilst one was 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 29 SEP	£375,000	£245,698	53% above HPI
2007 11 JUL	£340,000	£190,636	78% above HPI
2005 28 OCT	£135,000	£176,098	23% below HPI

LAKE 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 three LAKE COTTAGE sales between October 2005 and September 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 July 2007 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the September 2021 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is LAKE COTTAGE?

LAKE COTTAGE is 172m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses in Alvingham, based on EPC data. The below chart shows the distribution of detached houses by size in Alvingham, and where LAKE COTTAGE lies on this distribution: 69% of detached houses are smaller than LAKE COTTAGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Alvingham.

LAKE COTTAGE: Plot and Title Map

LAKE COTTAGE sits on a plot of roughly 0.754 of an acre, or 3,052m². The below map shows the location of LAKE 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 LAKE 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 LAKE COTTAGE?

LAKE COTTAGE is located on CHURCH LANE in ALVINGHAM, in the LN11 postcode district. The below map shows the position of LAKE COTTAGE on CHURCH LANE.