PINCHBECK COTTAGE, PINCHBECK LANE, CROFT, SKEGNESS, PE24 4RX - £345,000

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

PINCHBECK COTTAGE is a very large extended detached house of 158m², built sometime between 1991 and 1995. It was last sold for £345,000 in April 2022, which was around 31% above the average April 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

PINCHBECK COTTAGE Sold Prices

Land registry data shows two sales for PINCHBECK 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. Both of the two PINCHBECK COTTAGE sales were for above 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
2022 6 APR	£345,000	£264,293	31% above HPI
2019 3 SEP	£280,000	£221,456	26% above HPI

PINCHBECK 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 PINCHBECK COTTAGE sales from September 2019 and April 2022 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 September 2019 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2022 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is PINCHBECK COTTAGE?

PINCHBECK COTTAGE is 158m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 20% of detached houses in Croft, based on EPC data. The below chart shows the distribution of detached houses by size in Croft, and where PINCHBECK COTTAGE lies on this distribution: 85% of detached houses are smaller than PINCHBECK COTTAGE, and 15% of houses are larger. Note that EPC data is not available for all properties in Croft.

PINCHBECK COTTAGE: Plot and Title Map

PINCHBECK COTTAGE sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of PINCHBECK 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 PINCHBECK 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 PINCHBECK COTTAGE?

PINCHBECK COTTAGE is located on PINCHBECK LANE in CROFT, in the PE24 postcode district. The below map shows the position of PINCHBECK COTTAGE on PINCHBECK LANE.