LAUREL COTTAGE, CHURCH ROAD, WADDINGHAM, GAINSBOROUGH, DN21 4ST - £370,000

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

LAUREL COTTAGE is a very large extended detached house of 178m², built sometime before 1900. It was last sold for £370,000 in April 2017, which was around 75% above the average April 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

LAUREL COTTAGE Sold Prices

Land registry data shows three sales for LAUREL 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 West Lindsey local authority area for the corresponding sale date. All of the three LAUREL 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
2017 25 APR	£370,000	£211,935	75% above HPI
2015 6 AUG	£325,000	£200,318	62% above HPI
1998 23 OCT	£74,000	£70,150	5% above HPI

LAUREL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three LAUREL COTTAGE sales between October 1998 and April 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 August 2015 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the April 2017 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is LAUREL COTTAGE?

LAUREL COTTAGE is 178m², which includes four extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Waddingham, based on EPC data. The below chart shows the distribution of detached houses by size in Waddingham, and where LAUREL COTTAGE lies on this distribution: 92% of detached houses are smaller than LAUREL COTTAGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Waddingham.

LAUREL COTTAGE: Plot and Title Map

LAUREL COTTAGE sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of LAUREL 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 LAUREL 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 LAUREL COTTAGE?

LAUREL COTTAGE is located on CHURCH ROAD in WADDINGHAM, in the DN21 postcode district. The below map shows the position of LAUREL COTTAGE on CHURCH ROAD.