LOWER COTTAGE, CHURCH LANE, HAGWORTHINGHAM, SPILSBY, PE23 4LP - £127,000

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.

LOWER COTTAGE is a very small extended semi-detached house of 68m², built sometime between 1900 and 1929, which could now be worth an estimated £156,993. It was last sold for £127,000 in March 2019, which was around 16% below the average March 2019 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2017, where the current energy rating was F, and the potential energy rating was B.

LOWER COTTAGE Sold Prices

Land registry data shows three sales for LOWER COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three LOWER COTTAGE sales were for below the average price, whilst one was 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 25 MAR	£127,000	£151,423	16% below HPI
2001 1 OCT	£50,000	£55,937	11% below HPI
1996 23 AUG	£53,500	£37,223	44% above HPI

LOWER COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three LOWER COTTAGE sales between August 1996 and March 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 October 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might LOWER COTTAGE be worth now?

LOWER COTTAGE might now be worth an estimated £156,993.

This is based on house price inflation of 23.6%, between March 2019 and August 2025, for semi-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 23.6% inflationary increase is applied to the most recent sale price for LOWER COTTAGE of £127,000 on 25th March 2019. For the value to have increased from £127,000 to £156,993 over the five years and seven months to August 2025, the following assumptions must hold true:

• The value of LOWER COTTAGE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The March 2019 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of LOWER COTTAGE has not materially changed since March 2019.

How Large is LOWER COTTAGE?

LOWER COTTAGE is 68m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of semi-detached houses houses in Hagworthingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hagworthingham, and where LOWER COTTAGE lies on this distribution: 4% of semi-detached houses houses are smaller than LOWER COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hagworthingham.

LOWER COTTAGE: Plot and Title Map

LOWER COTTAGE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of LOWER 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 LOWER 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 LOWER COTTAGE?

LOWER COTTAGE is located on CHURCH LANE in HAGWORTHINGHAM, in the PE23 postcode district. The below map shows the position of LOWER COTTAGE on CHURCH LANE.