PRIMROSE COTTAGE, EAST END, THORPE ST PETER, SKEGNESS, PE24 4PQ - £137,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PRIMROSE COTTAGE is a small extended detached house of 80m², built sometime before 1900, which could now be worth an estimated £175,179. It was last sold for £137,500 in September 2019, which was around 39% below the average September 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

PRIMROSE COTTAGE Sold Prices

Land registry data shows two sales for PRIMROSE 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 PRIMROSE COTTAGE sales 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
2019 3 SEP	£137,500	£224,683	39% below HPI
2008 15 DEC	£140,000	£167,444	16% below HPI

PRIMROSE 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 PRIMROSE COTTAGE sales from December 2008 and September 2019 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 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might PRIMROSE COTTAGE be worth now?

PRIMROSE COTTAGE might now be worth an estimated £175,179.

This is based on house price inflation of 27.4%, between September 2019 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.4% inflationary increase is applied to the most recent sale price for PRIMROSE COTTAGE of £137,500 on 3rd September 2019. For the value to have increased from £137,500 to £175,179 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of PRIMROSE COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2019 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of PRIMROSE COTTAGE has not materially changed since September 2019.

How Large is PRIMROSE COTTAGE?

PRIMROSE COTTAGE is 80m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses houses in Croft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Croft, and where PRIMROSE COTTAGE lies on this distribution: 35% of detached houses houses are smaller than PRIMROSE COTTAGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Croft.

PRIMROSE COTTAGE: Plot and Title Map

PRIMROSE COTTAGE sits on a plot of roughly 0.188 of an acre, or 761m². The below map shows the location of PRIMROSE 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 PRIMROSE 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 PRIMROSE COTTAGE?

PRIMROSE COTTAGE is located on EAST END in THORPE ST PETER, in the PE24 postcode district. The below map shows the position of PRIMROSE COTTAGE on EAST END.