ROSE COTTAGE, WILLERTON ROAD, NORTH SOMERCOTES, LOUTH, LN11 7NH - £440,000

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.

ROSE COTTAGE is a large extended detached house of 120m², built sometime between 1900 and 1929, which could now be worth an estimated £439,319. It was last sold for £440,000 in November 2022, which was around 53% above the average November 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

ROSE COTTAGE Sold Prices

Land registry data shows three sales for ROSE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three ROSE COTTAGE sales were for above the average price, whilst one 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
2022 11 NOV	£440,000	£286,696	53% above HPI
2013 25 MAR	£208,000	£163,673	27% above HPI
2000 10 AUG	£45,000	£76,716	41% 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 three ROSE COTTAGE sales between August 2000 and November 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 March 2013 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2022 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might ROSE COTTAGE be worth now?

ROSE COTTAGE might now be worth an estimated £439,319.

This is based on house price deflation of 0.2%, between November 2022 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 0.2% deflationary decrease is applied to the most recent sale price for ROSE COTTAGE of £440,000 on 11th November 2022. For the value to have decreased from £440,000 to £439,319 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of ROSE COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of ROSE COTTAGE has not materially changed since November 2022.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 120m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of detached houses houses in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Somercotes, and where ROSE COTTAGE lies on this distribution: 61% of detached houses houses are smaller than ROSE COTTAGE, and 38% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.296 of an acre, or 1,198m². 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 WILLERTON ROAD in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of ROSE COTTAGE on WILLERTON ROAD.