STABLE COTTAGE, VICARAGE LANE, WELLINGORE, LINCOLN, LN5 0JF - £260,000

STABLE COTTAGE is a small extended detached house of 96m², built sometime before 1900. It was last sold for £260,000 in December 2021, which was around 10% below the average December 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

STABLE COTTAGE Sold Prices

Land registry data shows four sales for STABLE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four STABLE 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
2021 16 DEC	£260,000	£289,408	10% below HPI
2021 16 AUG	£260,000	£282,296	8% below HPI
2018 8 JAN	£197,000	£241,690	18% below HPI
2001 7 JUN	£69,950	£84,634	17% below HPI

STABLE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four STABLE COTTAGE sales between June 2001 and December 2021 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 2021 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is STABLE COTTAGE?

STABLE COTTAGE is 96m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% of detached houses in Wellingore, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingore, and where STABLE COTTAGE lies on this distribution: 25% of detached houses are smaller than STABLE COTTAGE, and 75% of houses are larger. Note that EPC data is not available for all properties in Wellingore.

STABLE COTTAGE: Plot and Title Map

STABLE COTTAGE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of STABLE 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 STABLE 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 STABLE COTTAGE?

STABLE COTTAGE is located on VICARAGE LANE in WELLINGORE, in the LN5 postcode district. The below map shows the position of STABLE COTTAGE on VICARAGE LANE.