OLD POST OFFICE COTTAGE, VICARAGE LANE, WELLINGORE, LINCOLN, LN5 0JF - £390,000

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 POST OFFICE COTTAGE is a very large extended detached house of 211m², built sometime before 1900. It was last sold for £390,000 in July 2014, which was around 100% above the average July 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

OLD POST OFFICE COTTAGE Sold Prices

Land registry data shows three sales for OLD POST OFFICE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Two of the three OLD POST OFFICE COTTAGE sales were for above the average price, whilst one 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
2014 28 JUL	£390,000	£195,463	100% above HPI
2003 17 DEC	£232,500	£154,126	51% above HPI
1999 31 MAR	£60,000	£70,736	15% below HPI

OLD POST OFFICE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three OLD POST OFFICE COTTAGE sales between March 1999 and July 2014 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 December 2003 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the July 2014 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is OLD POST OFFICE COTTAGE?

OLD POST OFFICE COTTAGE is 211m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Wellingore, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingore, and where OLD POST OFFICE COTTAGE lies on this distribution: 94% of detached houses are smaller than OLD POST OFFICE COTTAGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Wellingore.

OLD POST OFFICE COTTAGE: Plot and Title Map

OLD POST OFFICE COTTAGE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of OLD POST OFFICE 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 POST OFFICE 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 POST OFFICE COTTAGE?

OLD POST OFFICE COTTAGE is located on VICARAGE LANE in WELLINGORE, in the LN5 postcode district. The below map shows the position of OLD POST OFFICE COTTAGE on VICARAGE LANE.