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
THORNHILL COTTAGE is a large extended detached house of 93m², built sometime between 1900 and 1929. It was last sold for £230,000 in August 2022, which was around 17% below the average August 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for THORNHILL COTTAGE since 1st 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 THORNHILL 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 |
---|---|---|---|
2022 26 AUG | £230,000 | £275,687 | 17% below HPI |
2013 8 APR | £110,000 | £167,657 | 34% below HPI |
2011 1 APR | £77,000 | £161,407 | 52% below HPI |
1997 15 SEP | £44,500 | £62,540 | 29% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four THORNHILL COTTAGE sales between September 1997 and August 2022 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 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
THORNHILL COTTAGE is 93m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 30% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where THORNHILL COTTAGE lies on this distribution: 70% of detached houses are smaller than THORNHILL COTTAGE, and 30% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.
THORNHILL COTTAGE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of THORNHILL 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 THORNHILL 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.
THORNHILL COTTAGE is located on QUEBEC ROAD in MABLETHORPE, in the LN12 postcode district. The below map shows the position of THORNHILL COTTAGE on QUEBEC ROAD.