THE GARDENERS COTTAGE, FALDINGWORTH ROAD, SPRIDLINGTON, MARKET RASEN, LN8 2DF - £410,000

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.

THE GARDENERS COTTAGE is a very small extended detached house of 130m², built sometime before 1900, which could now be worth an estimated £415,070. It was last sold for £410,000 in November 2024, which was around 43% above the average November 2024 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

THE GARDENERS COTTAGE Sold Prices

Land registry data shows two sales for THE GARDENERS 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 West Lindsey local authority area for the corresponding sale date. Both of the two THE GARDENERS 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
2024 1 NOV	£410,000	£287,558	43% above HPI
2005 17 AUG	£250,000	£183,200	36% above HPI

THE GARDENERS 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 two THE GARDENERS COTTAGE sales from August 2005 and November 2024 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 August 2005 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2024 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might THE GARDENERS COTTAGE be worth now?

THE GARDENERS COTTAGE might now be worth an estimated £415,070.

This is based on house price inflation of 1.2%, between November 2024 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% inflationary increase is applied to the most recent sale price for THE GARDENERS COTTAGE of £410,000 on 1st November 2024. For the value to have increased from £410,000 to £415,070 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of THE GARDENERS COTTAGE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The November 2024 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of THE GARDENERS COTTAGE has not materially changed since November 2024.

How Large is THE GARDENERS COTTAGE?

THE GARDENERS COTTAGE is 130m², which includes four extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses houses in Spridlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spridlington, and where THE GARDENERS COTTAGE lies on this distribution: 19% of detached houses houses are smaller than THE GARDENERS COTTAGE, and 81% of houses are larger. Note that EPC data is not available for all properties in Spridlington.

THE GARDENERS COTTAGE: Plot and Title Map

THE GARDENERS COTTAGE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of THE GARDENERS 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 GARDENERS 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 GARDENERS COTTAGE?

THE GARDENERS COTTAGE is located on FALDINGWORTH ROAD in SPRIDLINGTON, in the LN8 postcode district. The below map shows the position of THE GARDENERS COTTAGE on FALDINGWORTH ROAD.