THE COTTAGE, FENGATE, MOULTON CHAPEL, SPALDING, PE12 0XL - £138,000

THE COTTAGE is a very small extended detached house of 91m², built sometime before 1900. It was last sold for £138,000 in November 2009, which was around 14% below the average November 2009 detached price in the South Holland local authority area. The most recent EPC inspection was July 2009, where the current energy rating was F, and the potential energy rating was E.

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 South Holland 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
2009 20 NOV	£138,000	£159,928	14% below HPI
1997 18 JUL	£52,950	£57,555	8% below HPI

THE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The two THE COTTAGE sales from July 1997 and November 2009 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 July 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2009 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 91m², which includes two extensions, according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Moulton Chapel, based on EPC data. The below chart shows the distribution of detached houses by size in Moulton Chapel, and where THE COTTAGE lies on this distribution: 17% of detached houses are smaller than THE COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Moulton Chapel.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.158 of an acre, or 638m². 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 FENGATE in MOULTON CHAPEL, in the PE12 postcode district. The below map shows the position of THE COTTAGE on FENGATE.