LILAC COTTAGE, SOUTH ROAD, TETFORD, HORNCASTLE, LN9 6QB - £272,000

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.

LILAC COTTAGE is a small extended terraced house of 96m², built sometime before 1900, which could now be worth an estimated £268,426. It was last sold for £272,000 in October 2022, which was around 83% above the average October 2022 terraced price in the East Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

LILAC COTTAGE Sold Prices

Land registry data shows three sales for LILAC COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. Two of the three LILAC COTTAGE sales were for above the average price, whilst one was 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 21 OCT	£272,000	£148,954	83% above HPI
1996 29 APR	£30,000	£27,034	11% above HPI
1995 20 JUL	£25,500	£27,446	7% below HPI

LILAC 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 three LILAC COTTAGE sales between July 1995 and October 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 1996 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2022 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

What might LILAC COTTAGE be worth now?

LILAC COTTAGE might now be worth an estimated £268,426.

This is based on house price deflation of 1.3%, between October 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 1.3% deflationary decrease is applied to the most recent sale price for LILAC COTTAGE of £272,000 on 21st October 2022. For the value to have decreased from £272,000 to £268,426 over the three years and two months to August 2025, the following assumptions must hold true:

• The value of LILAC COTTAGE has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The October 2022 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of LILAC COTTAGE has not materially changed since October 2022.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 96m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of terraced houses houses in Tetford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tetford, and where LILAC COTTAGE lies on this distribution: 20% of terraced houses houses are smaller than LILAC COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Tetford.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of LILAC 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 LILAC 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 LILAC COTTAGE?

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