CORTADERA, NETTLETON, MARKET RASEN, LN7 6NU - £357,000

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.

CORTADERA is a midsized extended detached house of 161m², built sometime between 1950 and 1966, which could now be worth an estimated £395,843. It was last sold for £357,000 in June 2021, which was around 36% above the average June 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was D.

CORTADERA Sold Prices

Land registry data shows two sales for CORTADERA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two CORTADERA sales were 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
2021 4 JUN	£357,000	£262,548	36% above HPI
2018 10 JUL	£335,000	£225,186	49% above HPI

CORTADERA Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two CORTADERA sales from July 2018 and June 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 July 2018 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the June 2021 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might CORTADERA be worth now?

CORTADERA might now be worth an estimated £395,843.

This is based on house price inflation of 10.9%, between June 2021 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.9% inflationary increase is applied to the most recent sale price for CORTADERA of £357,000 on 4th June 2021. For the value to have increased from £357,000 to £395,843 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of CORTADERA has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2021 sale price of £357,000 represented a fair market value for the property.
• The size, condition, and specification of CORTADERA has not materially changed since June 2021.

How Large is CORTADERA?

CORTADERA is 161m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 50% of detached houses houses in Nettleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nettleton, and where CORTADERA lies on this distribution: 58% of detached houses houses are smaller than CORTADERA, and 42% of houses are larger. Note that EPC data is not available for all properties in Nettleton.

CORTADERA: Plot and Title Map

CORTADERA sits on a plot of roughly 0.312 of an acre, or 1,261m². The below map shows the location of CORTADERA, 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 CORTADERA). 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 CORTADERA?

CORTADERA is located in NETTLETON, in the LN7 postcode district. The below map shows the position of CORTADERA in NETTLETON.