WILLOW COTTAGE, 11C, SCHOOL LANE, NORTH HYKEHAM, LINCOLN, LN6 9QS - £375,000

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

WILLOW COTTAGE is a midsized detached house of 111m², built sometime between 1991 and 1995. It was last sold for £375,000 in October 2023, which was around 26% above the average October 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2023, where the current energy rating was E, and the potential energy rating was B.

WILLOW COTTAGE Sold Prices

Land registry data shows two sales for WILLOW 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 North Kesteven local authority area for the corresponding sale date. Both of the two WILLOW 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
2023 24 OCT	£375,000	£298,735	26% above HPI
2002 25 JAN	£158,000	£95,392	66% above HPI

WILLOW COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two WILLOW COTTAGE sales from January 2002 and October 2023 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 January 2002 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the October 2023 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is WILLOW COTTAGE?

WILLOW COTTAGE is 111m² according to the EPC inspection conducted in July 2023. This puts it in the largest 50% of detached houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in North Hykeham, and where WILLOW COTTAGE lies on this distribution: 59% of detached houses are smaller than WILLOW COTTAGE, and 40% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

WILLOW COTTAGE: Plot and Title Map

WILLOW COTTAGE sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of WILLOW 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 WILLOW 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 WILLOW COTTAGE?

WILLOW COTTAGE is located on SCHOOL LANE in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of WILLOW COTTAGE on SCHOOL LANE.