NEW COTTAGE, BACK LANE, WOOD ENDERBY, BOSTON, PE22 7PE - £315,000

NEW COTTAGE is a midsized detached house of 146m², built sometime from 2007 onwards. It was last sold for £315,000 in February 2018, which was around 51% above the average February 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

NEW COTTAGE Sold Prices

Land registry data shows two sales for NEW 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 East Lindsey local authority area for the corresponding sale date. One of the two NEW COTTAGE sales was for above the average price, whilst the other 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
2018 28 FEB	£315,000	£208,569	51% above HPI
2007 13 APR	£90,000	£186,442	52% below HPI

NEW 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 two NEW COTTAGE sales from April 2007 and February 2018 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 2007 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the February 2018 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is NEW COTTAGE?

NEW COTTAGE is 146m² according to the EPC inspection conducted in August 2017. This puts it in the largest 50% of detached houses in Wood Enderby, based on EPC data. The below chart shows the distribution of detached houses by size in Wood Enderby, and where NEW COTTAGE lies on this distribution: 52% of detached houses are smaller than NEW COTTAGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Wood Enderby.

NEW COTTAGE: Plot and Title Map

NEW COTTAGE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of NEW 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 NEW 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 NEW COTTAGE?

NEW COTTAGE is located on BACK LANE in WOOD ENDERBY, in the PE22 postcode district. The below map shows the position of NEW COTTAGE on BACK LANE.