WOODBINE COTTAGE, NARROW LANE, BELCHFORD, HORNCASTLE, LN9 6LE - £170,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

WOODBINE COTTAGE is a midsized extended detached house of 133m², built sometime before 1900, which could now be worth an estimated £291,108. It was last sold for £170,000 in January 2014, which was around 2% above the average January 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

WOODBINE COTTAGE Sold Prices

Land registry data shows two sales for WOODBINE 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 East Lindsey local authority area for the corresponding sale date. One of the two WOODBINE COTTAGE sales was for above the average price, whilst the other 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
2014 27 JAN	£170,000	£166,370	2% above HPI
2006 14 JUL	£173,000	£183,520	6% 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 two WOODBINE COTTAGE sales from July 2006 and January 2014 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 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2014 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might WOODBINE COTTAGE be worth now?

WOODBINE COTTAGE might now be worth an estimated £291,108.

This is based on house price inflation of 71.2%, between January 2014 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.2% inflationary increase is applied to the most recent sale price for WOODBINE COTTAGE of £170,000 on 27th January 2014. For the value to have increased from £170,000 to £291,108 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of WOODBINE COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2014 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of WOODBINE COTTAGE has not materially changed since January 2014.

How Large is WOODBINE COTTAGE?

WOODBINE COTTAGE is 133m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of detached houses houses in Belchford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belchford, and where WOODBINE COTTAGE lies on this distribution: 52% of detached houses houses are smaller than WOODBINE COTTAGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Belchford.

WOODBINE COTTAGE: Plot and Title Map

WOODBINE COTTAGE sits on a plot of roughly 0.335 of an acre, or 1,357m². 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 NARROW LANE in BELCHFORD, in the LN9 postcode district. The below map shows the position of WOODBINE COTTAGE on NARROW LANE.