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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

TOP COTTAGE is a very small extended detached house of 103m², built sometime before 1900, which could now be worth an estimated £223,085. It was last sold for £73,000 in December 2001, which was around 22% 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	£93,670	22% below HPI
1997 30 SEP	£44,000	£63,452	31% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2001 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might TOP COTTAGE be worth now?

TOP COTTAGE might now be worth an estimated £223,085.

This is based on house price inflation of 205.6%, between December 2001 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 205.6% inflationary increase is applied to the most recent sale price for TOP COTTAGE of £73,000 on 7th December 2001. For the value to have increased from £73,000 to £223,085 over the 24 years and ten months to February 2025, the following assumptions must hold true:

• The value of TOP COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2001 sale price of £73,000 represented a fair market value for the property.
• The size, condition, and specification of TOP COTTAGE has not materially changed since December 2001.

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 houses in Goulceby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Goulceby, and where TOP COTTAGE lies on this distribution: 11% of detached houses houses are smaller than TOP COTTAGE, and 89% 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.