THE COTTAGE, CHAPEL LANE, SIBSEY, BOSTON, PE22 0SN - £127,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE COTTAGE is a midsized extended detached house of 104m², built sometime before 1900, which could now be worth an estimated £202,886. It was last sold for £127,500 in August 2010, which was around 26% below the average August 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

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
2010 13 AUG	£127,500	£173,406	26% below HPI
2008 7 MAR	£109,950	£179,210	39% 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 March 2008 and August 2010 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 March 2008 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2010 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might THE COTTAGE be worth now?

THE COTTAGE might now be worth an estimated £202,886.

This is based on house price inflation of 59.1%, between August 2010 and August 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.1% inflationary increase is applied to the most recent sale price for THE COTTAGE of £127,500 on 13th August 2010. For the value to have increased from £127,500 to £202,886 over the fifteen years to August 2025, the following assumptions must hold true:

• The value of THE COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2010 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of THE COTTAGE has not materially changed since August 2010.

How Large is THE COTTAGE?

THE COTTAGE is 104m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 50% of detached houses houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sibsey, and where THE COTTAGE lies on this distribution: 42% of detached houses houses are smaller than THE COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Sibsey.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.065 of an acre, or 264m². 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 CHAPEL LANE in SIBSEY, in the PE22 postcode district. The below map shows the position of THE COTTAGE on CHAPEL LANE.