ROSE COTTAGE, BURGH ROAD, ORBY, SKEGNESS, PE24 5HP - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ROSE COTTAGE is a large detached house of 176m², built sometime between 1991 and 1995. It was last sold for £240,000 in March 2012, which was around 52% above the average March 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

ROSE COTTAGE Sold Prices

Land registry data shows two sales for ROSE 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. One of the two ROSE 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
2012 23 MAR	£240,000	£158,319	52% above HPI
2000 31 MAR	£67,600	£72,210	6% below HPI

ROSE 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 ROSE COTTAGE sales from March 2000 and March 2012 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 March 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2012 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 176m² according to the EPC inspection conducted in November 2014. This puts it in the largest 30% of detached houses in Orby, based on EPC data. The below chart shows the distribution of detached houses by size in Orby, and where ROSE COTTAGE lies on this distribution: 76% of detached houses are smaller than ROSE COTTAGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Orby.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.219 of an acre, or 885m². The below map shows the location of ROSE 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 ROSE 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 ROSE COTTAGE?

ROSE COTTAGE is located on BURGH ROAD in ORBY, in the PE24 postcode district. The below map shows the position of ROSE COTTAGE on BURGH ROAD.