FARRIERS COTTAGE, OWMBY ROAD, SPRIDLINGTON, MARKET RASEN, LN8 2DD - £195,000

FARRIERS COTTAGE is a midsized extended semi-detached house of 159m², built sometime before 1900. It was last sold for £195,000 in April 2015, which was around 3% above the average April 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was G, and the potential energy rating was D.

FARRIERS COTTAGE Sold Prices

Land registry data shows two sales for FARRIERS 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 West Lindsey local authority area for the corresponding sale date. Both of the two FARRIERS COTTAGE 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
2015 17 APR	£195,000	£189,467	3% above HPI
1997 25 JUL	£79,000	£64,510	22% above HPI

FARRIERS COTTAGE 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 FARRIERS COTTAGE sales from July 1997 and April 2015 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 1997 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the April 2015 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is FARRIERS COTTAGE?

FARRIERS COTTAGE is 159m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 50% of detached houses in Spridlington, based on EPC data. The below chart shows the distribution of detached houses by size in Spridlington, and where FARRIERS COTTAGE lies on this distribution: 54% of detached houses are smaller than FARRIERS COTTAGE, and 46% of houses are larger. Note that EPC data is not available for all properties in Spridlington.

FARRIERS COTTAGE: Plot and Title Map

FARRIERS COTTAGE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of FARRIERS 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 FARRIERS 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 FARRIERS COTTAGE?

FARRIERS COTTAGE is located on OWMBY ROAD in SPRIDLINGTON, in the LN8 postcode district. The below map shows the position of FARRIERS COTTAGE on OWMBY ROAD.