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

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

STONE COTTAGE is a large extended detached house of 150m², built sometime before 1900. It was last sold for £465,000 in October 2023, which was around 56% 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. One of the two STONE COTTAGE sales was for above the average price, whilst the other was roughly equal to 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	£298,307	56% above HPI
2009 10 JUL	£170,000	£169,921	Close to 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2023 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

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 in Wellingore, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingore, and where STONE COTTAGE lies on this distribution: 72% of detached houses are smaller than STONE COTTAGE, and 26% 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 0.080 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.