TOBY COTTAGE, WARREN ROAD, SALTFLEET, LOUTH, LN11 7RU - £255,000

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

TOBY COTTAGE is a very small extended detached house of 75m², built sometime between 2003 and 2006. It was last sold for £255,000 in November 2022, which was around 10% below the average November 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

TOBY COTTAGE Sold Prices

Land registry data shows three sales for TOBY COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three TOBY 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 24 NOV	£255,000	£282,579	10% below HPI
2017 23 NOV	£196,000	£207,429	6% below HPI
2003 12 NOV	£49,000	£139,417	65% below HPI

TOBY 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 three TOBY COTTAGE sales between November 2003 and November 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 November 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is TOBY COTTAGE?

TOBY COTTAGE is 75m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of detached houses in Saltfleet, based on EPC data. The below chart shows the distribution of detached houses by size in Saltfleet, and where TOBY COTTAGE lies on this distribution: 13% of detached houses are smaller than TOBY COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Saltfleet.

TOBY COTTAGE: Plot and Title Map

TOBY COTTAGE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of TOBY 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 TOBY 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 TOBY COTTAGE?

TOBY COTTAGE is located on WARREN ROAD in SALTFLEET, in the LN11 postcode district. The below map shows the position of TOBY COTTAGE on WARREN ROAD.