WOODBINE COTTAGE, GREAT STEEPING, SPILSBY, PE23 5PN - £274,950

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 very large extended detached house of 150m², built sometime before 1900. It was last sold for £274,950 in July 2019, which was around 27% above the average July 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was B.

WOODBINE COTTAGE Sold Prices

Land registry data shows four sales for WOODBINE 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 WOODBINE 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
2019 24 JUL	£274,950	£216,879	27% above HPI
2016 16 MAR	£247,000	£186,100	33% above HPI
2006 1 DEC	£250,000	£177,830	41% above HPI
1997 30 JUN	£69,500	£60,100	16% above 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 four WOODBINE COTTAGE sales between June 1997 and July 2019 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 March 2016 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2019 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is WOODBINE COTTAGE?

WOODBINE COTTAGE is 150m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 10% of detached houses in Great Steeping, based on EPC data. The below chart shows the distribution of detached houses by size in Great Steeping, and where WOODBINE COTTAGE lies on this distribution: 91% of detached houses are smaller than WOODBINE COTTAGE, and 9% of houses are larger. Note that EPC data is not available for all properties in Great Steeping.

WOODBINE COTTAGE: Plot and Title Map

WOODBINE COTTAGE sits on a plot of roughly 0.286 of an acre, or 1,155m². 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 in GREAT STEEPING, in the PE23 postcode district. The below map shows the position of WOODBINE COTTAGE in GREAT STEEPING.