NORTHOLME COTTAGE, SPILSBY ROAD, WAINFLEET, SKEGNESS, PE24 4LN - £250,000

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

NORTHOLME COTTAGE is a large detached house of 102m², built sometime before 1900. It was last sold for £250,000 in April 2021, which was around 7% above the average April 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

NORTHOLME COTTAGE Sold Prices

Land registry data shows four sales for NORTHOLME 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 East Lindsey local authority area for the corresponding sale date. One of the four NORTHOLME COTTAGE sales was for above the average price, whilst two were 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
2021 29 APR	£250,000	£232,750	7% above HPI
2004 12 MAR	£130,000	£149,981	13% below HPI
1998 27 JUL	£60,000	£65,105	8% below HPI
1997 17 JAN	£56,500	£56,779	Close to HPI

NORTHOLME 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 four NORTHOLME COTTAGE sales between January 1997 and April 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 March 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is NORTHOLME COTTAGE?

NORTHOLME COTTAGE is 102m² according to the EPC inspection conducted in November 2014. This puts it in the largest 40% of detached houses in Wainfleet All Saints, based on EPC data. The below chart shows the distribution of detached houses by size in Wainfleet All Saints, and where NORTHOLME COTTAGE lies on this distribution: 63% of detached houses are smaller than NORTHOLME COTTAGE, and 36% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

NORTHOLME COTTAGE: Plot and Title Map

NORTHOLME COTTAGE sits on a plot of roughly 0.335 of an acre, or 1,354m². The below map shows the location of NORTHOLME 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 NORTHOLME 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 NORTHOLME COTTAGE?

NORTHOLME COTTAGE is located on SPILSBY ROAD in WAINFLEET, in the PE24 postcode district. The below map shows the position of NORTHOLME COTTAGE on SPILSBY ROAD.