WILLOW COTTAGE, GREEN LANE, WOODHALL SPA, LN10 6QY - £440,000

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 large detached house of 141m², built sometime between 1996 and 2002. It was last sold for £440,000 in December 2021, which was around 69% above the average December 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was C.

WILLOW COTTAGE Sold Prices

Land registry data shows four sales for WILLOW COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 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
2021 13 DEC	£440,000	£260,179	69% above HPI
2013 23 JUL	£238,000	£164,032	45% above HPI
2008 9 JAN	£282,500	£183,372	54% above HPI
2004 21 MAY	£235,000	£155,981	51% above HPI

WILLOW 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 four WILLOW COTTAGE sales between May 2004 and December 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 2013 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the December 2021 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is WILLOW COTTAGE?

WILLOW COTTAGE is 141m² according to the EPC inspection conducted in February 2013. This puts it in the largest 40% of detached houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Woodhall Spa, and where WILLOW COTTAGE lies on this distribution: 69% of detached houses are smaller than WILLOW COTTAGE, and 31% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

WILLOW COTTAGE: Plot and Title Map

WILLOW COTTAGE sits on a plot of roughly 0.098 of an acre, or 397m². 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 GREEN LANE in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of WILLOW COTTAGE on GREEN LANE.