PEAR TREE COTTAGE, HOGSTHORPE ROAD, MUMBY, ALFORD, LN13 9SD - £240,000

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.

PEAR TREE COTTAGE is a large detached house of 123m², built sometime between 2003 and 2006, which could now be worth an estimated £326,444. It was last sold for £240,000 in November 2017, which was around 14% above the average November 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

PEAR TREE COTTAGE Sold Prices

Land registry data shows two sales for PEAR TREE 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 East Lindsey local authority area for the corresponding sale date. Both of the two PEAR TREE 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
2017 24 NOV	£240,000	£210,451	14% above HPI
2013 30 SEP	£175,000	£169,502	3% above HPI

PEAR TREE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two PEAR TREE COTTAGE sales from September 2013 and November 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 September 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2017 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might PEAR TREE COTTAGE be worth now?

PEAR TREE COTTAGE might now be worth an estimated £326,444.

This is based on house price inflation of 36%, between November 2017 and February 2025, for 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 36% inflationary increase is applied to the most recent sale price for PEAR TREE COTTAGE of £240,000 on 24th November 2017. For the value to have increased from £240,000 to £326,444 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of PEAR TREE COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2017 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of PEAR TREE COTTAGE has not materially changed since November 2017.

How Large is PEAR TREE COTTAGE?

PEAR TREE COTTAGE is 123m² according to the EPC inspection conducted in August 2011. This puts it in the largest 30% of detached houses houses in Mumby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mumby, and where PEAR TREE COTTAGE lies on this distribution: 76% of detached houses houses are smaller than PEAR TREE COTTAGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Mumby.

PEAR TREE COTTAGE: Plot and Title Map

PEAR TREE COTTAGE sits on a plot of roughly 0.235 of an acre, or 952m². The below map shows the location of PEAR TREE 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 PEAR TREE 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 PEAR TREE COTTAGE?

PEAR TREE COTTAGE is located on HOGSTHORPE ROAD in MUMBY, in the LN13 postcode district. The below map shows the position of PEAR TREE COTTAGE on HOGSTHORPE ROAD.