WOLD VIEW COTTAGE, STATION ROAD, LITTLE STEEPING, SPILSBY, PE23 5BQ - £355,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WOLD VIEW COTTAGE is a small extended detached house of 109m², built sometime before 1900. It was last sold for £355,000 in July 2021, which was around 48% above the average July 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

WOLD VIEW COTTAGE Sold Prices

Land registry data shows three sales for WOLD VIEW COTTAGE since 1^st 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. Two of the three WOLD VIEW COTTAGE sales were for above the average price, whilst one 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 28 JUL	£355,000	£239,638	48% above HPI
2018 13 SEP	£310,000	£222,708	39% above HPI
2007 4 MAY	£162,500	£185,541	12% below HPI

WOLD VIEW 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 three WOLD VIEW COTTAGE sales between May 2007 and July 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 September 2018 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the July 2021 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is WOLD VIEW COTTAGE?

WOLD VIEW COTTAGE is 109m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses in Little Steeping, based on EPC data. The below chart shows the distribution of detached houses by size in Little Steeping, and where WOLD VIEW COTTAGE lies on this distribution: 31% of detached houses are smaller than WOLD VIEW COTTAGE, and 69% of houses are larger. Note that EPC data is not available for all properties in Little Steeping.

WOLD VIEW COTTAGE: Plot and Title Map

WOLD VIEW COTTAGE sits on a plot of roughly 0.276 of an acre, or 1,118m². The below map shows the location of WOLD VIEW 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 WOLD VIEW 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 WOLD VIEW COTTAGE?

WOLD VIEW COTTAGE is located on STATION ROAD in LITTLE STEEPING, in the PE23 postcode district. The below map shows the position of WOLD VIEW COTTAGE on STATION ROAD.