COWSLIP COTTAGE, HIGHFIELD TERRACE, GLENTHAM, MARKET RASEN, LN8 2EN - £97,500

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.

COWSLIP COTTAGE is a very small extended semi-detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £129,544. It was last sold for £97,500 in February 2019, which was around 31% below the average February 2019 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was A.

COWSLIP COTTAGE Sold Prices

Land registry data shows two sales for COWSLIP COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two COWSLIP 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
2019 1 FEB	£97,500	£140,505	31% below HPI
2000 6 MAR	£38,500	£43,832	12% below HPI

COWSLIP COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two COWSLIP COTTAGE sales from March 2000 and February 2019 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 March 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might COWSLIP COTTAGE be worth now?

COWSLIP COTTAGE might now be worth an estimated £129,544.

This is based on house price inflation of 32.9%, between February 2019 and February 2025, for semi-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 32.9% inflationary increase is applied to the most recent sale price for COWSLIP COTTAGE of £97,500 on 1st February 2019. For the value to have increased from £97,500 to £129,544 over the six years to February 2025, the following assumptions must hold true:

• The value of COWSLIP COTTAGE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The February 2019 sale price of £97,500 represented a fair market value for the property.
• The size, condition, and specification of COWSLIP COTTAGE has not materially changed since February 2019.

How Large is COWSLIP COTTAGE?

COWSLIP COTTAGE is 68m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of semi-detached houses houses in Glentham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Glentham, and where COWSLIP COTTAGE lies on this distribution: 4% of semi-detached houses houses are smaller than COWSLIP COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Glentham.

COWSLIP COTTAGE: Plot and Title Map

COWSLIP COTTAGE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of COWSLIP 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 COWSLIP 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 COWSLIP COTTAGE?

COWSLIP COTTAGE is located on HIGHFIELD TERRACE in GLENTHAM, in the LN8 postcode district. The below map shows the position of COWSLIP COTTAGE on HIGHFIELD TERRACE.