OLD COTTAGE, LUTTON BANK, LUTTON, SPALDING, PE12 9LJ - £207,000

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

OLD COTTAGE is a large extended detached house of 127m², built sometime between 1900 and 1929. It was last sold for £207,000 in April 2013, which was around 28% above the average April 2013 detached price in the South Holland local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was C.

OLD COTTAGE Sold Prices

Land registry data shows two sales for OLD 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 South Holland local authority area for the corresponding sale date. One of the two OLD 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
2013 5 APR	£207,000	£161,486	28% above HPI
2001 16 NOV	£68,500	£98,651	31% below HPI

OLD COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The two OLD COTTAGE sales from November 2001 and April 2013 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 November 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2013 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is OLD COTTAGE?

OLD COTTAGE is 127m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 30% of detached houses in Lutton, based on EPC data. The below chart shows the distribution of detached houses by size in Lutton, and where OLD COTTAGE lies on this distribution: 73% of detached houses are smaller than OLD COTTAGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Lutton.

OLD COTTAGE: Plot and Title Map

OLD COTTAGE sits on a plot of roughly 0.378 of an acre, or 1,529m². The below map shows the location of OLD 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 OLD 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 OLD COTTAGE?

OLD COTTAGE is located on LUTTON BANK in LUTTON, in the PE12 postcode district. The below map shows the position of OLD COTTAGE on LUTTON BANK.