VINE COTTAGE, NEWARK ROAD, LAUGHTERTON, LINCOLN, LN1 2JU - £290,000

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

VINE COTTAGE is a large extended detached house of 146m², built sometime before 1900. It was last sold for £290,000 in January 2021, which was around 20% above the average January 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.

VINE COTTAGE Sold Prices

Land registry data shows six sales for VINE COTTAGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the six VINE COTTAGE sales were for above 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 7 JAN	£290,000	£241,839	20% above HPI
2018 4 MAY	£275,000	£220,537	25% above HPI
2013 7 MAY	£220,000	£176,784	24% above HPI
2011 1 AUG	£202,000	£176,024	15% above HPI
1999 24 MAR	£50,000	£64,531	23% below HPI
1999 28 JAN	£50,000	£67,266	26% below HPI

VINE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The six VINE COTTAGE sales between January 1999 and January 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 May 2018 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the January 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is VINE COTTAGE?

VINE COTTAGE is 146m², which includes three extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses in Laughterton, based on EPC data. The below chart shows the distribution of detached houses by size in Laughterton, and where VINE COTTAGE lies on this distribution: 60% of detached houses are smaller than VINE COTTAGE, and 35% of houses are larger. Note that EPC data is not available for all properties in Laughterton.

VINE COTTAGE: Plot and Title Map

VINE COTTAGE sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of VINE 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 VINE 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 VINE COTTAGE?

VINE COTTAGE is located on NEWARK ROAD in LAUGHTERTON, in the LN1 postcode district. The below map shows the position of VINE COTTAGE on NEWARK ROAD.