MOLLANDS COTTAGE, THE SQUARE, SKILLINGTON, GRANTHAM, NG33 5HB - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MOLLANDS COTTAGE is a very small extended detached house of 107m², built sometime before 1900, which could now be worth an estimated £363,532. It was last sold for £250,000 in October 2015, which was about the average October 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was A.

MOLLANDS COTTAGE Sold Prices

Land registry data shows four sales for MOLLANDS COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. The four MOLLANDS COTTAGE sales were a mix of roughly equal to the average price, and 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
2015 29 OCT	£250,000	£250,775	Close to HPI
2013 24 MAY	£172,500	£209,168	18% below HPI
2001 30 OCT	£86,000	£119,250	28% below HPI
1999 6 JAN	£80,000	£86,760	8% below HPI

MOLLANDS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four MOLLANDS COTTAGE sales between January 1999 and October 2015 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 May 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might MOLLANDS COTTAGE be worth now?

MOLLANDS COTTAGE might now be worth an estimated £363,532.

This is based on house price inflation of 45.4%, between October 2015 and February 2025, for detached houses, in the South Kesteven 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 MOLLANDS COTTAGE of £250,000 on 29th October 2015. For the value to have increased from £250,000 to £363,532 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of MOLLANDS COTTAGE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2015 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of MOLLANDS COTTAGE has not materially changed since October 2015.

How Large is MOLLANDS COTTAGE?

MOLLANDS COTTAGE is 107m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses houses in Skillington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skillington, and where MOLLANDS COTTAGE lies on this distribution: 9% of detached houses houses are smaller than MOLLANDS COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Skillington.

MOLLANDS COTTAGE: Plot and Title Map

MOLLANDS COTTAGE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of MOLLANDS 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 MOLLANDS 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 MOLLANDS COTTAGE?

MOLLANDS COTTAGE is located on THE SQUARE in SKILLINGTON, in the NG33 postcode district. The below map shows the position of MOLLANDS COTTAGE on THE SQUARE.