SPINDLE COTTAGE, MANOR ROAD, HAGWORTHINGHAM, SPILSBY, PE23 4LL - £299,995

SPINDLE COTTAGE is a very small extended detached house of 101m², built sometime before 1900. It was last sold for £299,995 in August 2019, which was around 36% above the average August 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was D.

SPINDLE COTTAGE Sold Prices

Land registry data shows five sales for SPINDLE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five SPINDLE 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 16 AUG	£299,995	£221,272	36% above HPI
2015 28 MAY	£265,000	£179,959	47% above HPI
2013 5 MAR	£236,950	£161,323	47% above HPI
1999 26 MAR	£97,500	£65,202	50% above HPI
1995 10 NOV	£83,000	£55,148	51% above HPI

SPINDLE 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 five SPINDLE COTTAGE sales between November 1995 and August 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 May 2015 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2019 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is SPINDLE COTTAGE?

SPINDLE COTTAGE is 101m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Hagworthingham, based on EPC data. The below chart shows the distribution of detached houses by size in Hagworthingham, and where SPINDLE COTTAGE lies on this distribution: 16% of detached houses are smaller than SPINDLE COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hagworthingham.

SPINDLE COTTAGE: Plot and Title Map

SPINDLE COTTAGE sits on a plot of roughly 0.366 of an acre, or 1,481m². The below map shows the location of SPINDLE 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 SPINDLE 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 SPINDLE COTTAGE?

SPINDLE COTTAGE is located on MANOR ROAD in HAGWORTHINGHAM, in the PE23 postcode district. The below map shows the position of SPINDLE COTTAGE on MANOR ROAD.