IVY COTTAGE, QUEEN STREET, SPILSBY, PE23 5JE - £192,500

IVY COTTAGE is a small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £192,500 in July 2015, which was around 6% above the average July 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

IVY COTTAGE Sold Prices

Land registry data shows two sales for IVY 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 IVY 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 31 JUL	£192,500	£181,933	6% above HPI
2002 21 JUN	£125,000	£99,395	26% above HPI

IVY 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 IVY COTTAGE sales from June 2002 and July 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 June 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2015 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is IVY COTTAGE?

IVY COTTAGE is 90m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where IVY COTTAGE lies on this distribution: 38% of detached houses are smaller than IVY COTTAGE, and 61% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of IVY 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 IVY 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 IVY COTTAGE?

IVY COTTAGE is located on QUEEN STREET in SPILSBY, in the PE23 postcode district. The below map shows the position of IVY COTTAGE on QUEEN STREET.