SUNNY COTTAGE, CHURCH LANE, NORTH KELSEY, MARKET RASEN, LN7 6EX - £294,000

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

SUNNY COTTAGE is a small extended detached house of 92m², built sometime before 1900. It was last sold for £294,000 in September 2021, which was around 16% above the average September 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was E.

SUNNY COTTAGE Sold Prices

Land registry data shows three sales for SUNNY 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 West Lindsey local authority area for the corresponding sale date. Two of the three SUNNY 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
2021 30 SEP	£294,000	£252,547	16% above HPI
2011 1 JUL	£172,500	£177,213	3% below HPI
2006 5 SEP	£225,000	£181,064	24% above HPI

SUNNY 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 three SUNNY COTTAGE sales between September 2006 and September 2021 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 2011 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is SUNNY COTTAGE?

SUNNY COTTAGE is 92m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% of detached houses in North Kelsey, based on EPC data. The below chart shows the distribution of detached houses by size in North Kelsey, and where SUNNY COTTAGE lies on this distribution: 30% of detached houses are smaller than SUNNY COTTAGE, and 70% of houses are larger. Note that EPC data is not available for all properties in North Kelsey.

SUNNY COTTAGE: Plot and Title Map

SUNNY COTTAGE sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of SUNNY 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 SUNNY 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 SUNNY COTTAGE?

SUNNY COTTAGE is located on CHURCH LANE in NORTH KELSEY, in the LN7 postcode district. The below map shows the position of SUNNY COTTAGE on CHURCH LANE.