ROSE COTTAGE, VICARAGE LANE, HARMSTON, LINCOLN, LN5 9SL - £345,000

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 small extended detached house of 122m², built sometime before 1900. It was last sold for £345,000 in November 2015, which was around 63% above the average November 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

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 North Kesteven local authority area for the corresponding sale date. Both of the two ROSE 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
2015 16 NOV	£345,000	£211,957	63% above HPI
2010 2 AUG	£220,000	£183,842	20% above HPI

ROSE 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 two ROSE COTTAGE sales from August 2010 and November 2015 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 August 2010 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2015 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 122m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Harmston, based on EPC data. The below chart shows the distribution of detached houses by size in Harmston, and where ROSE COTTAGE lies on this distribution: 23% of detached houses are smaller than ROSE COTTAGE, and 78% of houses are larger. Note that EPC data is not available for all properties in Harmston.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.172 of an acre, or 695m². 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 VICARAGE LANE in HARMSTON, in the LN5 postcode district. The below map shows the position of ROSE COTTAGE on VICARAGE LANE.