LINCOTE, GOSBERTON ROAD, SURFLEET, SPALDING, PE11 4AA - £120,000

LINCOTE is a small extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £120,000 in September 2017, which was around 46% below the average September 2017 detached price in the South Holland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was F, and the potential energy rating was B.

LINCOTE Sold Prices

Land registry data shows three sales for LINCOTE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three LINCOTE 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
2017 29 SEP	£120,000	£224,083	46% below HPI
2002 2 MAY	£58,000	£106,845	46% below HPI
2000 28 JUL	£35,000	£83,163	58% below HPI

LINCOTE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three LINCOTE sales between July 2000 and September 2017 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 2002 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2017 sale, which was also at 46% below the HPI.

How Large is LINCOTE?

LINCOTE is 111m², which includes four extensions, according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Surfleet, based on EPC data. The below chart shows the distribution of detached houses by size in Surfleet, and where LINCOTE lies on this distribution: 29% of detached houses are smaller than LINCOTE, and 71% of houses are larger. Note that EPC data is not available for all properties in Surfleet.

LINCOTE: Plot and Title Map

LINCOTE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of LINCOTE, 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 LINCOTE). 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 LINCOTE?

LINCOTE is located on GOSBERTON ROAD in SURFLEET, in the PE11 postcode district. The below map shows the position of LINCOTE on GOSBERTON ROAD.