CORNER COTTAGE, FANNY HANDS LANE, LUDFORD, MARKET RASEN, LN8 6AL - £153,000

CORNER COTTAGE is a small extended detached house of 82m², built sometime before 1900. It was last sold for £153,000 in June 2017, which was around 24% below the average June 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

CORNER COTTAGE Sold Prices

Land registry data shows two sales for CORNER 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 CORNER 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
2017 7 JUN	£153,000	£202,435	24% below HPI
2012 17 FEB	£124,999	£158,370	21% below HPI

CORNER 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 CORNER COTTAGE sales from February 2012 and June 2017 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 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 82m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% of detached houses in Ludford, based on EPC data. The below chart shows the distribution of detached houses by size in Ludford, and where CORNER COTTAGE lies on this distribution: 25% of detached houses are smaller than CORNER COTTAGE, and 75% of houses are larger. Note that EPC data is not available for all properties in Ludford.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of CORNER 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 CORNER 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 CORNER COTTAGE?

CORNER COTTAGE is located on FANNY HANDS LANE in LUDFORD, in the LN8 postcode district. The below map shows the position of CORNER COTTAGE on FANNY HANDS LANE.