HOPE COTTAGE, SOUTH ROAD, TETFORD, HORNCASTLE, LN9 6QB - £230,000

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.

HOPE COTTAGE is a midsized extended detached house of 131m², built sometime before 1900, which could now be worth an estimated £383,675. It was last sold for £230,000 in March 2005, which was around 39% above the average March 2005 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was E.

HOPE COTTAGE Sold Prices

Land registry data shows two sales for HOPE 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 HOPE 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
2005 1 MAR	£230,000	£165,413	39% above HPI
1997 14 MAY	£67,000	£60,282	11% above HPI

HOPE 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 HOPE COTTAGE sales from May 1997 and March 2005 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 May 1997 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2005 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might HOPE COTTAGE be worth now?

HOPE COTTAGE might now be worth an estimated £383,675.

This is based on house price inflation of 66.8%, between March 2005 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 66.8% inflationary increase is applied to the most recent sale price for HOPE COTTAGE of £230,000 on 1st March 2005. For the value to have increased from £230,000 to £383,675 over the nineteen years and seven months to August 2025, the following assumptions must hold true:

• The value of HOPE COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2005 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of HOPE COTTAGE has not materially changed since March 2005.

How Large is HOPE COTTAGE?

HOPE COTTAGE is 131m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the smallest 50% of detached houses houses in Tetford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tetford, and where HOPE COTTAGE lies on this distribution: 47% of detached houses houses are smaller than HOPE COTTAGE, and 53% of houses are larger. Note that EPC data is not available for all properties in Tetford.

HOPE COTTAGE: Plot and Title Map

HOPE COTTAGE sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of HOPE 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 HOPE 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 HOPE COTTAGE?

HOPE COTTAGE is located on SOUTH ROAD in TETFORD, in the LN9 postcode district. The below map shows the position of HOPE COTTAGE on SOUTH ROAD.