SNOWDROP COTTAGE, SANDY LANE, ANDERBY CREEK, SKEGNESS, PE24 5XX - £107,000

SNOWDROP COTTAGE is a midsized extended detached house of 59m², built sometime between 1930 and 1949. It was last sold for £107,000 in October 2020, which was around 52% below the average October 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2020, where the current energy rating was G, and the potential energy rating was D.

SNOWDROP COTTAGE Sold Prices

Land registry data shows three sales for SNOWDROP COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three SNOWDROP COTTAGE 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
2020 9 OCT	£107,000	£223,136	52% below HPI
2013 18 JAN	£85,000	£155,908	45% below HPI
2003 6 AUG	£79,000	£135,527	42% below HPI

SNOWDROP 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 three SNOWDROP COTTAGE sales between August 2003 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 January 2013 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2020 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is SNOWDROP COTTAGE?

SNOWDROP COTTAGE is 59m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of detached houses in Anderby Creek, based on EPC data. The below chart shows the distribution of detached houses by size in Anderby Creek, and where SNOWDROP COTTAGE lies on this distribution: 57% of detached houses are smaller than SNOWDROP COTTAGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Anderby Creek.

SNOWDROP COTTAGE: Plot and Title Map

SNOWDROP COTTAGE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of SNOWDROP 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 SNOWDROP 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 SNOWDROP COTTAGE?

SNOWDROP COTTAGE is located on SANDY LANE in ANDERBY CREEK, in the PE24 postcode district. The below map shows the position of SNOWDROP COTTAGE on SANDY LANE.