STABLE COTTAGE, WATER LANE, SOUTH WITHAM, GRANTHAM, NG33 5PH - £305,000

STABLE COTTAGE is a very large extended detached house of 155m², built sometime before 1900. It was last sold for £305,000 in May 2017, which was around 10% above the average May 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

STABLE COTTAGE Sold Prices

Land registry data shows two sales for STABLE 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 South Kesteven local authority area for the corresponding sale date. Both of the two STABLE 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 17 MAY	£305,000	£276,172	10% above HPI
1995 12 SEP	£76,500	£72,250	6% above HPI

STABLE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two STABLE COTTAGE sales from September 1995 and May 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 1995 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2017 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is STABLE COTTAGE?

STABLE COTTAGE is 155m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses in South Witham, based on EPC data. The below chart shows the distribution of detached houses by size in South Witham, and where STABLE COTTAGE lies on this distribution: 87% of detached houses are smaller than STABLE COTTAGE, and 13% of houses are larger. Note that EPC data is not available for all properties in South Witham.

STABLE COTTAGE: Plot and Title Map

STABLE COTTAGE sits on a plot of roughly 0.124 of an acre, or 500m². 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 WATER LANE in SOUTH WITHAM, in the NG33 postcode district. The below map shows the position of STABLE COTTAGE on WATER LANE.