TOP COTTAGE, TOP LANE, GOULCEBY, LOUTH, LN11 9UB - £73,000

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

TOP COTTAGE is a very small extended detached house of 103m², built sometime before 1900. It was last sold for £73,000 in December 2001, which was around 21% below the average December 2001 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2016, where the current energy rating was G, and the potential energy rating was B.

TOP COTTAGE Sold Prices

Land registry data shows two sales for TOP 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 East Lindsey local authority area for the corresponding sale date. Both of the two TOP 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
2001 7 DEC	£73,000	£92,325	21% below HPI
1997 30 SEP	£44,000	£62,540	30% below HPI

TOP 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 two TOP COTTAGE sales from September 1997 and December 2001 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 September 1997 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2001 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is TOP COTTAGE?

TOP COTTAGE is 103m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Goulceby, based on EPC data. The below chart shows the distribution of detached houses by size in Goulceby, and where TOP COTTAGE lies on this distribution: 14% of detached houses are smaller than TOP COTTAGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Goulceby.

TOP COTTAGE: Plot and Title Map

TOP COTTAGE sits on a plot of roughly 0.273 of an acre, or 1,105m². The below map shows the location of TOP 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 TOP 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 TOP COTTAGE?

TOP COTTAGE is located on TOP LANE in GOULCEBY, in the LN11 postcode district. The below map shows the position of TOP COTTAGE on TOP LANE.