YEW TREE COTTAGE, WELL STREET, BISHOP NORTON, MARKET RASEN, LN8 2AZ - £295,000

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

YEW TREE COTTAGE is a very small extended detached house of 101m², built sometime between 1900 and 1929. It was last sold for £295,000 in August 2021, which was around 15% above the average August 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

YEW TREE COTTAGE Sold Prices

Land registry data shows two sales for YEW TREE 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 West Lindsey local authority area for the corresponding sale date. One of the two YEW TREE 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
2021 25 AUG	£295,000	£255,587	15% above HPI
2012 24 APR	£171,500	£173,638	1% below HPI

YEW TREE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two YEW TREE COTTAGE sales from April 2012 and August 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 April 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is YEW TREE COTTAGE?

YEW TREE COTTAGE is 101m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses in Bishop Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Bishop Norton, and where YEW TREE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than YEW TREE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bishop Norton.

YEW TREE COTTAGE: Plot and Title Map

YEW TREE COTTAGE sits on a plot of roughly 234.5 acres, or 949,045m². The below map shows the location of YEW TREE 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 YEW TREE 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 YEW TREE COTTAGE?

YEW TREE COTTAGE is located on WELL STREET in BISHOP NORTON, in the LN8 postcode district. The below map shows the position of YEW TREE COTTAGE on WELL STREET.