THE WHITE COTTAGE, BRIGG ROAD, SOUTH KELSEY, MARKET RASEN, LN7 6PQ - £190,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE WHITE COTTAGE is a very small extended detached house of 57m², built sometime before 1900. It was last sold for £190,000 in January 2020, which was around 16% below the average January 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was B.

THE WHITE COTTAGE Sold Prices

Land registry data shows two sales for THE WHITE 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 WHITE 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
2020 24 JAN	£190,000	£225,942	16% below HPI
2017 11 MAY	£115,000	£212,769	46% below HPI

THE WHITE 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 WHITE COTTAGE sales from May 2017 and January 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 May 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is THE WHITE COTTAGE?

THE WHITE COTTAGE is 57m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in South Kelsey, based on EPC data. The below chart shows the distribution of detached houses by size in South Kelsey, and where THE WHITE COTTAGE lies on this distribution: 3% of detached houses are smaller than THE WHITE COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in South Kelsey.

THE WHITE COTTAGE: Plot and Title Map

THE WHITE COTTAGE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of THE WHITE 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 WHITE 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 WHITE COTTAGE?

THE WHITE COTTAGE is located on BRIGG ROAD in SOUTH KELSEY, in the LN7 postcode district. The below map shows the position of THE WHITE COTTAGE on BRIGG ROAD.