CHAPEL COTTAGE, SEA LANE, SANDILANDS, MABLETHORPE, LN12 2RA - £115,000

CHAPEL COTTAGE is a very small detached house of 67m², built sometime between 1900 and 1929. It was last sold for £115,000 in August 2013, which was around 31% below the average August 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was B.

CHAPEL COTTAGE Sold Prices

Land registry data shows four sales for CHAPEL 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 CHAPEL 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
2013 16 AUG	£115,000	£165,486	31% below HPI
2011 8 FEB	£131,500	£159,181	17% below HPI
2003 26 SEP	£90,000	£133,978	33% below HPI
2003 3 JAN	£69,300	£118,614	42% below HPI

CHAPEL 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 CHAPEL COTTAGE sales between January 2003 and August 2013 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 February 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2013 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is CHAPEL COTTAGE?

CHAPEL COTTAGE is 67m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses in Sandilands, based on EPC data. The below chart shows the distribution of detached houses by size in Sandilands, and where CHAPEL COTTAGE lies on this distribution: 12% of detached houses are smaller than CHAPEL COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Sandilands.

CHAPEL COTTAGE: Plot and Title Map

CHAPEL COTTAGE sits on a plot of roughly 0.125 of an acre, or 508m². The below map shows the location of CHAPEL 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 CHAPEL 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 CHAPEL COTTAGE?

CHAPEL COTTAGE is located on SEA LANE in SANDILANDS, in the LN12 postcode district. The below map shows the position of CHAPEL COTTAGE on SEA LANE.