SOUTHEND COTTAGE, THORNTON ROAD, SOUTH KELSEY, MARKET RASEN, LN7 6PS - £289,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SOUTHEND COTTAGE is a small detached house of 110m², built sometime before 1900, which could now be worth an estimated £299,965. It was last sold for £289,950 in April 2022, which was around 5% above the average April 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was D.

SOUTHEND COTTAGE Sold Prices

Land registry data shows four sales for SOUTHEND COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the four SOUTHEND COTTAGE sales were 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 29 APR	£289,950	£275,406	5% above HPI
2016 17 FEB	£177,000	£197,698	10% below HPI
2001 11 MAY	£66,000	£82,971	20% below HPI
1996 25 OCT	£56,500	£63,713	11% below HPI

SOUTHEND COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four SOUTHEND COTTAGE sales between October 1996 and April 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 February 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might SOUTHEND COTTAGE be worth now?

SOUTHEND COTTAGE might now be worth an estimated £299,965.

This is based on house price inflation of 3.5%, between April 2022 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.5% inflationary increase is applied to the most recent sale price for SOUTHEND COTTAGE of £289,950 on 29th April 2022. For the value to have increased from £289,950 to £299,965 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of SOUTHEND COTTAGE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The April 2022 sale price of £289,950 represented a fair market value for the property.
• The size, condition, and specification of SOUTHEND COTTAGE has not materially changed since April 2022.

How Large is SOUTHEND COTTAGE?

SOUTHEND COTTAGE is 110m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses houses in South Kelsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Kelsey, and where SOUTHEND COTTAGE lies on this distribution: 29% of detached houses houses are smaller than SOUTHEND COTTAGE, and 71% of houses are larger. Note that EPC data is not available for all properties in South Kelsey.

SOUTHEND COTTAGE: Plot and Title Map

SOUTHEND COTTAGE sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of SOUTHEND 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 SOUTHEND 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 SOUTHEND COTTAGE?

SOUTHEND COTTAGE is located on THORNTON ROAD in SOUTH KELSEY, in the LN7 postcode district. The below map shows the position of SOUTHEND COTTAGE on THORNTON ROAD.