LORNE COTTAGE, MARKET PLACE, OUNDLE, PETERBOROUGH, PE8 4AJ - £225,000

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

LORNE COTTAGE is a small extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £225,000 in September 2021, which was around 39% below the average September 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

LORNE COTTAGE Sold Prices

Land registry data shows two sales for LORNE 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 North Northamptonshire local authority area for the corresponding sale date. One of the two LORNE COTTAGE sales was for below the average price, whilst the other was 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 1 SEP	£225,000	£368,822	39% below HPI
2013 12 APR	£216,000	£214,246	1% above HPI

LORNE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The two LORNE COTTAGE sales from April 2013 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 April 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is LORNE COTTAGE?

LORNE COTTAGE is 107m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of detached houses in Oundle, based on EPC data. The below chart shows the distribution of detached houses by size in Oundle, and where LORNE COTTAGE lies on this distribution: 30% of detached houses are smaller than LORNE COTTAGE, and 70% of houses are larger. Note that EPC data is not available for all properties in Oundle.

LORNE COTTAGE: Plot and Title Map

LORNE COTTAGE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of LORNE 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 LORNE 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 LORNE COTTAGE?

LORNE COTTAGE is located on MARKET PLACE in OUNDLE, in the PE8 postcode district. The below map shows the position of LORNE COTTAGE on MARKET PLACE.