WOODBINE COTTAGE, GRANGE LANE, UTTERBY, LOUTH, LN11 0TS - £400,000

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

WOODBINE COTTAGE is a midsized detached house of 118m², built sometime between 1967 and 1975. It was last sold for £400,000 in February 2023, which was around 41% above the average February 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was C.

WOODBINE COTTAGE Sold Prices

Land registry data shows three sales for WOODBINE 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. One of the three WOODBINE COTTAGE sales was for above the average price, whilst two were 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
2023 7 FEB	£400,000	£283,795	41% above HPI
2017 6 SEP	£173,000	£210,398	18% below HPI
2013 18 OCT	£162,000	£170,169	5% below HPI

WOODBINE 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 WOODBINE COTTAGE sales between October 2013 and February 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 September 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2023 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is WOODBINE COTTAGE?

WOODBINE COTTAGE is 118m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 50% of detached houses in Utterby, based on EPC data. The below chart shows the distribution of detached houses by size in Utterby, and where WOODBINE COTTAGE lies on this distribution: 47% of detached houses are smaller than WOODBINE COTTAGE, and 53% of houses are larger. Note that EPC data is not available for all properties in Utterby.

WOODBINE COTTAGE: Plot and Title Map

WOODBINE COTTAGE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of WOODBINE 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 WOODBINE 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 WOODBINE COTTAGE?

WOODBINE COTTAGE is located on GRANGE LANE in UTTERBY, in the LN11 postcode district. The below map shows the position of WOODBINE COTTAGE on GRANGE LANE.