ROCK COTTAGE, QUARRY ROAD, LOUTH, LN11 9HX - £380,000

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.

ROCK COTTAGE is a very large extended detached house of 167m², built sometime before 1900, which could now be worth an estimated £404,432. It was last sold for £380,000 in March 2022, which was around 42% above the average March 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

ROCK COTTAGE Sold Prices

Land registry data shows two sales for ROCK 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 ROCK 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 17 MAR	£380,000	£267,673	42% above HPI
2007 3 MAY	£200,000	£188,244	6% above HPI

ROCK 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 ROCK COTTAGE sales from May 2007 and March 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 May 2007 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2022 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might ROCK COTTAGE be worth now?

ROCK COTTAGE might now be worth an estimated £404,432.

This is based on house price inflation of 6.4%, between March 2022 and March 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 6.4% inflationary increase is applied to the most recent sale price for ROCK COTTAGE of £380,000 on 17th March 2022. For the value to have increased from £380,000 to £404,432 over the three years to March 2025, the following assumptions must hold true:

• The value of ROCK COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2022 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of ROCK COTTAGE has not materially changed since March 2022.

How Large is ROCK COTTAGE?

ROCK COTTAGE is 167m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 20% of detached houses houses in Louth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Louth, and where ROCK COTTAGE lies on this distribution: 85% of detached houses houses are smaller than ROCK COTTAGE, and 15% of houses are larger. Note that EPC data is not available for all properties in Louth.

ROCK COTTAGE: Plot and Title Map

ROCK COTTAGE sits on a plot of roughly 0.255 of an acre, or 1,033m². The below map shows the location of ROCK 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 ROCK 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 ROCK COTTAGE?

ROCK COTTAGE is located on QUARRY ROAD in LOUTH, in the LN11 postcode district. The below map shows the position of ROCK COTTAGE on QUARRY ROAD.