PARHAM COTTAGE, BRICK LANE, EAST HALTON, IMMINGHAM, DN40 3PA - £260,000

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.

PARHAM COTTAGE is a large extended detached house of 145m², built sometime between 1930 and 1949, which could now be worth an estimated £313,208. It was last sold for £260,000 in October 2020, which was around 26% above the average October 2020 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was G, and the potential energy rating was E.

PARHAM COTTAGE Sold Prices

Land registry data shows two sales for PARHAM 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 North Lincolnshire local authority area for the corresponding sale date. Both of the two PARHAM 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
2020 2 OCT	£260,000	£207,135	26% above HPI
2018 31 AUG	£205,000	£200,097	2% above HPI

PARHAM COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The two PARHAM COTTAGE sales from August 2018 and October 2020 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 August 2018 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2020 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might PARHAM COTTAGE be worth now?

PARHAM COTTAGE might now be worth an estimated £313,208.

This is based on house price inflation of 20.5%, between October 2020 and March 2025, for detached houses, in the North Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.5% inflationary increase is applied to the most recent sale price for PARHAM COTTAGE of £260,000 on 2nd October 2020. For the value to have increased from £260,000 to £313,208 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of PARHAM COTTAGE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The October 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of PARHAM COTTAGE has not materially changed since October 2020.

How Large is PARHAM COTTAGE?

PARHAM COTTAGE is 145m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 30% of detached houses houses in East Halton, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Halton, and where PARHAM COTTAGE lies on this distribution: 73% of detached houses houses are smaller than PARHAM COTTAGE, and 25% of houses are larger. Note that EPC data is not available for all properties in East Halton.

PARHAM COTTAGE: Plot and Title Map

PARHAM COTTAGE sits on a plot of roughly 0.247 of an acre, or 1,001m². The below map shows the location of PARHAM 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 PARHAM 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 PARHAM COTTAGE?

PARHAM COTTAGE is located on BRICK LANE in EAST HALTON, in the DN40 postcode district. The below map shows the position of PARHAM COTTAGE on BRICK LANE.