THE COTTAGE, BARDNEY ROAD, WRAGBY, MARKET RASEN, LN8 5QZ - £168,000

THE COTTAGE is a large extended detached house of 116m², built sometime before 1900. It was last sold for £168,000 in September 2016, which was around 12% below the average September 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2016, where the current energy rating was F, and the potential energy rating was D.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE 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 THE 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
2016 30 SEP	£168,000	£191,934	12% below HPI
2012 31 AUG	£156,000	£164,970	5% below HPI

THE 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 THE COTTAGE sales from August 2012 and September 2016 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 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 116m², which includes three extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where THE COTTAGE lies on this distribution: 73% of detached houses are smaller than THE COTTAGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Wragby.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on BARDNEY ROAD in WRAGBY, in the LN8 postcode district. The below map shows the position of THE COTTAGE on BARDNEY ROAD.