THE COTTAGE, RINGERS LANE, LEVERINGTON, WISBECH, PE13 5BQ - £174,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

THE COTTAGE is a small extended semi-detached house of 83m², built sometime between 1900 and 1929. It was last sold for £174,000 in April 2021, which was around 35% below the average April 2021 detached price in the Fenland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

THE COTTAGE Sold Prices

Land registry data shows four sales for THE 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 Fenland local authority area for the corresponding sale date. All of the four THE 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
2021 27 APR	£174,000	£266,457	35% below HPI
2012 27 APR	£120,000	£166,361	28% below HPI
2001 22 AUG	£60,000	£97,759	39% below HPI
2001 18 MAY	£47,000	£92,407	49% below HPI

THE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The four THE COTTAGE sales between May 2001 and April 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 April 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 83m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% of detached houses in Leverington, based on EPC data. The below chart shows the distribution of detached houses by size in Leverington, and where THE COTTAGE lies on this distribution: 28% of detached houses are smaller than THE COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Leverington.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on RINGERS LANE in LEVERINGTON, in the PE13 postcode district. The below map shows the position of THE COTTAGE on RINGERS LANE.