STONE COTTAGE, VICARAGE LANE, WELLINGORE, LINCOLN, LN5 0JF - £465,000

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.

STONE COTTAGE is a large extended detached house of 150m², built sometime before 1900, which could now be worth an estimated £478,644. It was last sold for £465,000 in October 2023, which was around 58% above the average October 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

STONE COTTAGE Sold Prices

Land registry data shows two sales for STONE 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 STONE 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
2023 20 OCT	£465,000	£294,119	58% above HPI
2009 10 JUL	£170,000	£167,769	1% above HPI

STONE 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 STONE COTTAGE sales from July 2009 and October 2023 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 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2023 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might STONE COTTAGE be worth now?

STONE COTTAGE might now be worth an estimated £478,644.

This is based on house price inflation of 2.9%, between October 2023 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.9% inflationary increase is applied to the most recent sale price for STONE COTTAGE of £465,000 on 20th October 2023. For the value to have increased from £465,000 to £478,644 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of STONE COTTAGE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2023 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of STONE COTTAGE has not materially changed since October 2023.

How Large is STONE COTTAGE?

STONE COTTAGE is 150m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 30% of detached houses houses in Wellingore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wellingore, and where STONE COTTAGE lies on this distribution: 71% of detached houses houses are smaller than STONE COTTAGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Wellingore.

STONE COTTAGE: Plot and Title Map

STONE COTTAGE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of STONE 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 STONE 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 STONE COTTAGE?

STONE COTTAGE is located on VICARAGE LANE in WELLINGORE, in the LN5 postcode district. The below map shows the position of STONE COTTAGE on VICARAGE LANE.