LINDUM COTTAGE, CHAPEL WALK, SCOTHERN, LINCOLN, LN2 2UH - £130,000

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.

LINDUM COTTAGE is a very small extended semi-detached house of 71m², built sometime before 1900, which could now be worth an estimated £165,050. It was last sold for £130,000 in October 2019, which was around 12% below the average October 2019 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2015, where the current energy rating was F, and the potential energy rating was C.

LINDUM COTTAGE Sold Prices

Land registry data shows five sales for LINDUM COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. Most of the five LINDUM 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
2019 30 OCT	£130,000	£147,039	12% below HPI
2008 29 FEB	£122,000	£125,493	3% below HPI
2005 15 JUL	£125,000	£116,857	7% above HPI
2003 14 FEB	£90,000	£78,248	15% above HPI
2001 10 AUG	£59,995	£49,691	21% above HPI

LINDUM COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The five LINDUM COTTAGE sales between August 2001 and October 2019 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 February 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might LINDUM COTTAGE be worth now?

LINDUM COTTAGE might now be worth an estimated £165,050.

This is based on house price inflation of 27%, between October 2019 and February 2025, for semi-detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27% inflationary increase is applied to the most recent sale price for LINDUM COTTAGE of £130,000 on 30th October 2019. For the value to have increased from £130,000 to £165,050 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of LINDUM COTTAGE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The October 2019 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of LINDUM COTTAGE has not materially changed since October 2019.

How Large is LINDUM COTTAGE?

LINDUM COTTAGE is 71m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of semi-detached houses houses in Scothern, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Scothern, and where LINDUM COTTAGE lies on this distribution: 1% of semi-detached houses houses are smaller than LINDUM COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Scothern.

LINDUM COTTAGE: Plot and Title Map

LINDUM COTTAGE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of LINDUM 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 LINDUM 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 LINDUM COTTAGE?

LINDUM COTTAGE is located on CHAPEL WALK in SCOTHERN, in the LN2 postcode district. The below map shows the position of LINDUM COTTAGE on CHAPEL WALK.