GRAINSTORE COTTAGE, MAIN ROAD, BELCHFORD, HORNCASTLE, LN9 6LJ - £165,000

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.

GRAINSTORE COTTAGE is a very small extended detached house of 46m², built sometime before 1900, which could now be worth an estimated £171,962. It was last sold for £165,000 in July 2024, which was around 38% below the average July 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2024, where the current energy rating was E, and the potential energy rating was A.

GRAINSTORE COTTAGE Sold Prices

Land registry data shows two sales for GRAINSTORE 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 GRAINSTORE 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
2024 26 JUL	£165,000	£264,762	38% below HPI
2018 19 JAN	£60,000	£212,742	72% below HPI

GRAINSTORE 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 GRAINSTORE COTTAGE sales from January 2018 and July 2024 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 January 2018 sale was for 72% below the HPI. So the extrapolation line tracks at 72% below the HPI over time, until the July 2024 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might GRAINSTORE COTTAGE be worth now?

GRAINSTORE COTTAGE might now be worth an estimated £171,962.

This is based on house price inflation of 4.2%, between July 2024 and August 2025, for detached 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 4.2% inflationary increase is applied to the most recent sale price for GRAINSTORE COTTAGE of £165,000 on 26th July 2024. For the value to have increased from £165,000 to £171,962 over the eleven months to August 2025, the following assumptions must hold true:

• The value of GRAINSTORE COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2024 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of GRAINSTORE COTTAGE has not materially changed since July 2024.

How Large is GRAINSTORE COTTAGE?

GRAINSTORE COTTAGE is 46m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses houses in Belchford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belchford, and where GRAINSTORE COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than GRAINSTORE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Belchford.

GRAINSTORE COTTAGE: Plot and Title Map

GRAINSTORE COTTAGE sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of GRAINSTORE 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 GRAINSTORE 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 GRAINSTORE COTTAGE?

GRAINSTORE COTTAGE is located on MAIN ROAD in BELCHFORD, in the LN9 postcode district. The below map shows the position of GRAINSTORE COTTAGE on MAIN ROAD.