THE COTTAGE, TATTERSHALL THORPE, LINCOLN, LN4 4PJ - £380,000

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

THE COTTAGE is a very large extended detached house of 196m², built sometime between 1996 and 2002, which could now be worth an estimated £502,751. It was last sold for £380,000 in February 2020, which was around 76% above the average February 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2015, 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 East Lindsey local authority area for the corresponding sale date. All of the four THE 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
2020 24 FEB	£380,000	£215,333	76% above HPI
2015 15 JUN	£311,250	£182,782	70% above HPI
2008 25 JUN	£350,000	£179,984	94% above HPI
1996 27 SEP	£67,900	£58,955	15% above HPI

THE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four THE COTTAGE sales between September 1996 and February 2020 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 June 2015 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the February 2020 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might THE COTTAGE be worth now?

THE COTTAGE might now be worth an estimated £502,751.

This is based on house price inflation of 32.3%, between February 2020 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.3% inflationary increase is applied to the most recent sale price for THE COTTAGE of £380,000 on 24th February 2020. For the value to have increased from £380,000 to £502,751 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of THE COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2020 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of THE COTTAGE has not materially changed since February 2020.

How Large is THE COTTAGE?

THE COTTAGE is 196m², which includes four extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses houses in Tattershall Thorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tattershall Thorpe, and where THE COTTAGE lies on this distribution: 89% of detached houses houses are smaller than THE COTTAGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Tattershall Thorpe.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.618 of an acre, or 2,499m². 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 in TATTERSHALL THORPE, in the LN4 postcode district. The below map shows the position of THE COTTAGE in TATTERSHALL THORPE.