FERN COTTAGE, THAMES STREET, HOGSTHORPE, SKEGNESS, PE24 5QA - £125,000

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.

FERN COTTAGE is a small extended terraced house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £123,546. It was last sold for £125,000 in September 2022, which was around 16% below the average September 2022 terraced price in the East Lindsey local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

FERN COTTAGE Sold Prices

Land registry data shows two sales for FERN COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. Both of the two FERN 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
2022 22 SEP	£125,000	£148,727	16% below HPI
2009 6 APR	£65,000	£88,759	27% below HPI

FERN COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Lindsey local authority area over time, sourced from the HPI. The two FERN COTTAGE sales from April 2009 and September 2022 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 April 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might FERN COTTAGE be worth now?

FERN COTTAGE might now be worth an estimated £123,546.

This is based on house price deflation of 1.2%, between September 2022 and August 2025, for terraced houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% deflationary decrease is applied to the most recent sale price for FERN COTTAGE of £125,000 on 22nd September 2022. For the value to have decreased from £125,000 to £123,546 over the three years and one month to August 2025, the following assumptions must hold true:

• The value of FERN COTTAGE has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The September 2022 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of FERN COTTAGE has not materially changed since September 2022.

How Large is FERN COTTAGE?

FERN COTTAGE is 70m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of terraced houses houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hogsthorpe, and where FERN COTTAGE lies on this distribution: 31% of terraced houses houses are smaller than FERN COTTAGE, and 68% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

FERN COTTAGE: Plot and Title Map

FERN COTTAGE sits on a plot of roughly 0.021 of an acre, or 83m². The below map shows the location of FERN 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 FERN 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 FERN COTTAGE?

FERN COTTAGE is located on THAMES STREET in HOGSTHORPE, in the PE24 postcode district. The below map shows the position of FERN COTTAGE on THAMES STREET.