TWIN COTTAGE, TOW LANE, FOSTON, GRANTHAM, NG32 2LE - £450,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

TWIN COTTAGE is a midsized extended detached house of 135m², built sometime before 1900. It was last sold for £450,000 in June 2024, which was around 25% above the average June 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

TWIN COTTAGE Sold Prices

Land registry data shows two sales for TWIN 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 South Kesteven local authority area for the corresponding sale date. One of the two TWIN COTTAGE sales was for above the average price, whilst the other 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
2024 21 JUN	£450,000	£358,649	25% above HPI
2003 4 DEC	£175,000	£186,329	6% below HPI

TWIN COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two TWIN COTTAGE sales from December 2003 and June 2024 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 December 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2024 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is TWIN COTTAGE?

TWIN COTTAGE is 135m², which includes three extensions, according to the EPC inspection conducted in March 2024. This puts it in the smallest 50% of detached houses in Foston, based on EPC data. The below chart shows the distribution of detached houses by size in Foston, and where TWIN COTTAGE lies on this distribution: 47% of detached houses are smaller than TWIN COTTAGE, and 53% of houses are larger. Note that EPC data is not available for all properties in Foston.

TWIN COTTAGE: Plot and Title Map

TWIN COTTAGE sits on a plot of roughly 0.208 of an acre, or 842m². The below map shows the location of TWIN 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 TWIN 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 TWIN COTTAGE?

TWIN COTTAGE is located on TOW LANE in FOSTON, in the NG32 postcode district. The below map shows the position of TWIN COTTAGE on TOW LANE.