BAINSIDE COTTAGE, KILN HILL, LUDFORD, MARKET RASEN, LN8 6AE - £150,000

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.

BAINSIDE COTTAGE is a midsized extended detached house of 104m², built sometime before 1900, which could now be worth an estimated £215,319. It was last sold for £150,000 in August 2016, which was around 22% below the average August 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2009, where the current energy rating was F, and the potential energy rating was E.

BAINSIDE COTTAGE Sold Prices

Land registry data shows three sales for BAINSIDE 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. All of the three BAINSIDE COTTAGE sales 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
2016 12 AUG	£150,000	£192,227	22% below HPI
2005 26 MAY	£170,000	£173,870	2% below HPI
2003 28 JUL	£137,000	£137,997	1% below HPI

BAINSIDE 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 BAINSIDE COTTAGE sales between July 2003 and August 2016 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 May 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might BAINSIDE COTTAGE be worth now?

BAINSIDE COTTAGE might now be worth an estimated £215,319.

This is based on house price inflation of 43.5%, between August 2016 and August 2025, 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 43.5% inflationary increase is applied to the most recent sale price for BAINSIDE COTTAGE of £150,000 on 12th August 2016. For the value to have increased from £150,000 to £215,319 over the nine years to August 2025, the following assumptions must hold true:

• The value of BAINSIDE COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2016 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of BAINSIDE COTTAGE has not materially changed since August 2016.

How Large is BAINSIDE COTTAGE?

BAINSIDE COTTAGE is 104m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 50% of detached houses houses in Ludford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ludford, and where BAINSIDE COTTAGE lies on this distribution: 50% of detached houses houses are smaller than BAINSIDE COTTAGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Ludford.

BAINSIDE COTTAGE: Plot and Title Map

BAINSIDE COTTAGE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of BAINSIDE 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 BAINSIDE 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 BAINSIDE COTTAGE?

BAINSIDE COTTAGE is located on KILN HILL in LUDFORD, in the LN8 postcode district. The below map shows the position of BAINSIDE COTTAGE on KILN HILL.