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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

ROSE COTTAGE is a large extended detached house of 120m², built sometime between 1900 and 1929. It was last sold for £440,000 in November 2022, which was around 56% 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	£282,579	56% above HPI
2013 25 MAR	£208,000	£161,323	29% above HPI
2000 10 AUG	£45,000	£75,614	40% 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 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2022 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

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 in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in North Somercotes, and where ROSE COTTAGE lies on this distribution: 62% of detached 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.