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
WHEELWRIGHTS COTTAGE is a very large extended detached house of 186m², built sometime before 1900. It was last sold for £238,000 in July 2010, which was around 41% above the average July 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for WHEELWRIGHTS COTTAGE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three WHEELWRIGHTS 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 |
---|---|---|---|
2010 30 JUL | £238,000 | £168,200 | 41% above HPI |
2001 10 AUG | £155,000 | £83,628 | 85% above HPI |
1995 18 DEC | £95,000 | £56,757 | 67% above HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three WHEELWRIGHTS COTTAGE sales between December 1995 and July 2010 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 August 2001 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the July 2010 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.
WHEELWRIGHTS COTTAGE is 186m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the largest 20% of detached houses in Grimoldby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimoldby, and where WHEELWRIGHTS COTTAGE lies on this distribution: 88% of detached houses are smaller than WHEELWRIGHTS COTTAGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Grimoldby.
WHEELWRIGHTS COTTAGE sits on a plot of roughly 1.7 acres, or 6,968m². The below map shows the location of WHEELWRIGHTS 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 WHEELWRIGHTS 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.
WHEELWRIGHTS COTTAGE is located on MANBY MIDDLEGATE in GRIMOLDBY, in the LN11 postcode district. The below map shows the position of WHEELWRIGHTS COTTAGE on MANBY MIDDLEGATE.