VICKERS COTTAGE, SALMONBY ROAD, TETFORD, HORNCASTLE, LN9 6PY - £300,000

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

VICKERS COTTAGE is a small extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £300,000 in April 2021, which was around 29% above the average April 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

VICKERS COTTAGE Sold Prices

Land registry data shows two sales for VICKERS 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. One of the two VICKERS 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
2021 23 APR	£300,000	£232,750	29% above HPI
2017 24 JUL	£160,000	£206,507	23% below HPI

VICKERS 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 VICKERS COTTAGE sales from July 2017 and April 2021 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 July 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is VICKERS COTTAGE?

VICKERS COTTAGE is 118m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Tetford, based on EPC data. The below chart shows the distribution of detached houses by size in Tetford, and where VICKERS COTTAGE lies on this distribution: 38% of detached houses are smaller than VICKERS COTTAGE, and 61% of houses are larger. Note that EPC data is not available for all properties in Tetford.

VICKERS COTTAGE: Plot and Title Map

VICKERS COTTAGE sits on a plot of roughly 0.247 of an acre, or 999m². The below map shows the location of VICKERS 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 VICKERS 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 VICKERS COTTAGE?

VICKERS COTTAGE is located on SALMONBY ROAD in TETFORD, in the LN9 postcode district. The below map shows the position of VICKERS COTTAGE on SALMONBY ROAD.