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
SLEDGEHILL COTTAGE is a large extended detached house of 117m², built sometime between 1900 and 1929. It was last sold for £262,500 in July 2020, which was around 21% above the average July 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was A.
Land registry data shows four sales for SLEDGEHILL COTTAGE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four SLEDGEHILL 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 |
---|---|---|---|
2020 17 JUL | £262,500 | £216,924 | 21% above HPI |
2001 20 JUL | £129,950 | £80,837 | 61% above HPI |
1997 28 AUG | £78,000 | £61,297 | 27% above HPI |
1995 2 JUN | £65,000 | £54,261 | 20% above HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four SLEDGEHILL COTTAGE sales between June 1995 and July 2020 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 July 2001 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2020 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.
SLEDGEHILL COTTAGE is 117m², which includes three extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 40% of detached houses in Ludford, based on EPC data. The below chart shows the distribution of detached houses by size in Ludford, and where SLEDGEHILL COTTAGE lies on this distribution: 61% of detached houses are smaller than SLEDGEHILL COTTAGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Ludford.
SLEDGEHILL COTTAGE sits on a plot of roughly 0.561 of an acre, or 2,271m². The below map shows the location of SLEDGEHILL 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 SLEDGEHILL 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.
SLEDGEHILL COTTAGE is located on SLEDGE HILL in LUDFORD, in the LN8 postcode district. The below map shows the position of SLEDGEHILL COTTAGE on SLEDGE HILL.