2, THE COTTAGES, BARKHOUSE LANE, CLEETHORPES, DN35 8RA - £105,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 THE COTTAGES is a very small semi-detached house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £140,816. It was last sold for £105,000 in September 2019, which was around 14% below the average September 2019 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

2 THE COTTAGES Sold Prices

Land registry data shows two sales for 2 THE COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North East Lincolnshire local authority area for the corresponding sale date. One of the two 2 THE COTTAGES sales was for below the average price, whilst the other was 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 6 SEP	£105,000	£121,613	14% below HPI
1998 17 JUL	£44,000	£40,899	8% above HPI

2 THE COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 2 THE COTTAGES sales from July 1998 and September 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 July 1998 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 THE COTTAGES be worth now?

2 THE COTTAGES might now be worth an estimated £140,816.

This is based on house price inflation of 34.1%, between September 2019 and March 2025, for semi-detached houses, in the North East Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.1% inflationary increase is applied to the most recent sale price for 2 THE COTTAGES of £105,000 on 6th September 2019. For the value to have increased from £105,000 to £140,816 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of 2 THE COTTAGES has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The September 2019 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE COTTAGES has not materially changed since September 2019.

How Large is 2 THE COTTAGES?

2 THE COTTAGES is 59m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of semi-detached houses houses in Cleethorpes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cleethorpes, and where 2 THE COTTAGES lies on this distribution: 2% of semi-detached houses houses are smaller than 2 THE COTTAGES, and 97% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

2 THE COTTAGES: Plot and Title Map

2 THE COTTAGES sits on a plot of roughly 0.018 of an acre, or 72m². The below map shows the location of 2 THE COTTAGES, 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 2 THE COTTAGES). 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 2 THE COTTAGES?

2 THE COTTAGES is located on BARKHOUSE LANE in CLEETHORPES, in the DN35 postcode district. The below map shows the position of 2 THE COTTAGES on BARKHOUSE LANE.