THYME LODGE, BARFF ROAD, POTTERHANWORTH, LINCOLN, LN4 2DU - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THYME LODGE is a very small detached house of 92m², built in 2019. It was last sold for £340,000 in December 2023, which was around 13% above the average December 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was A.

THYME LODGE Sold Prices

Land registry data shows three sales for THYME LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Two of the three THYME LODGE sales were for above the average price, whilst one was 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
2023 18 DEC	£340,000	£300,786	13% above HPI
2022 14 JAN	£330,000	£292,152	13% above HPI
2021 20 APR	£55,000	£273,517	80% below HPI

THYME LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three THYME LODGE sales between April 2021 and December 2023 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 January 2022 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2023 sale, which was also at 13% above the HPI.

How Large is THYME LODGE?

THYME LODGE is 92m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Potterhanworth, based on EPC data. The below chart shows the distribution of detached houses by size in Potterhanworth, and where THYME LODGE lies on this distribution: 6% of detached houses are smaller than THYME LODGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Potterhanworth.

THYME LODGE: Plot and Title Map

THYME LODGE sits on a plot of roughly 0.640 of an acre, or 2,590m². The below map shows the location of THYME LODGE, 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 THYME LODGE). 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 THYME LODGE?

THYME LODGE is located on BARFF ROAD in POTTERHANWORTH, in the LN4 postcode district. The below map shows the position of THYME LODGE on BARFF ROAD.