CHERRY TREE COTTAGE, HOGSTHORPE ROAD, MUMBY, ALFORD, LN13 9SD - £215,000

CHERRY TREE COTTAGE is a small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £215,000 in December 2021, which was around 17% below the average December 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

CHERRY TREE COTTAGE Sold Prices

Land registry data shows two sales for CHERRY 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 East Lindsey local authority area for the corresponding sale date. Both of the two CHERRY TREE 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
2021 10 DEC	£215,000	£260,179	17% below HPI
1999 26 NOV	£56,500	£69,337	19% below HPI

CHERRY TREE 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 CHERRY TREE COTTAGE sales from November 1999 and December 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 November 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is CHERRY TREE COTTAGE?

CHERRY TREE COTTAGE is 74m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% of detached houses in Mumby, based on EPC data. The below chart shows the distribution of detached houses by size in Mumby, and where CHERRY TREE COTTAGE lies on this distribution: 23% of detached houses are smaller than CHERRY TREE COTTAGE, and 77% of houses are larger. Note that EPC data is not available for all properties in Mumby.

CHERRY TREE COTTAGE: Plot and Title Map

CHERRY TREE COTTAGE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of CHERRY 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 CHERRY 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 CHERRY TREE COTTAGE?

CHERRY TREE COTTAGE is located on HOGSTHORPE ROAD in MUMBY, in the LN13 postcode district. The below map shows the position of CHERRY TREE COTTAGE on HOGSTHORPE ROAD.