LEE COTTAGE, WIDOWS ROW, LAUGHTERTON, LINCOLN, LN1 2LA - £155,000

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

LEE COTTAGE is a very small extended semi-detached house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £225,341. It was last sold for £155,000 in February 2017, which was around 21% above the average February 2017 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

LEE COTTAGE Sold Prices

Land registry data shows three sales for LEE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. All of the three LEE 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 16 FEB	£155,000	£128,409	21% above HPI
2002 13 SEP	£86,500	£66,358	30% above HPI
2000 4 AUG	£69,000	£43,996	57% above HPI

LEE COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three LEE COTTAGE sales between August 2000 and February 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 September 2002 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2017 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might LEE COTTAGE be worth now?

LEE COTTAGE might now be worth an estimated £225,341.

This is based on house price inflation of 45.4%, between February 2017 and February 2025, for semi-detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.4% inflationary increase is applied to the most recent sale price for LEE COTTAGE of £155,000 on 16th February 2017. For the value to have increased from £155,000 to £225,341 over the eight years to February 2025, the following assumptions must hold true:

• The value of LEE COTTAGE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The February 2017 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of LEE COTTAGE has not materially changed since February 2017.

How Large is LEE COTTAGE?

LEE COTTAGE is 85m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of semi-detached houses houses in Laughterton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Laughterton, and where LEE COTTAGE lies on this distribution: 5% of semi-detached houses houses are smaller than LEE COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Laughterton.

LEE COTTAGE: Plot and Title Map

LEE COTTAGE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of LEE 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 LEE 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 LEE COTTAGE?

LEE COTTAGE is located on WIDOWS ROW in LAUGHTERTON, in the LN1 postcode district. The below map shows the position of LEE COTTAGE on WIDOWS ROW.