VIKING COTTAGE, NORMANBY ROAD, NETTLETON, MARKET RASEN, LN7 6TB - £193,600

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.

VIKING COTTAGE is a very small extended terraced house of 96m², built sometime before 1900, which could now be worth an estimated £241,407. It was last sold for £193,600 in March 2019, which was around 77% above the average March 2019 terraced price in the West Lindsey local authority area. The most recent EPC inspection was November 2018, where the current energy rating was F, and the potential energy rating was D.

VIKING COTTAGE Sold Prices

Land registry data shows two sales for VIKING COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. Both of the two VIKING 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
2019 22 MAR	£193,600	£109,604	77% above HPI
2003 4 NOV	£85,000	£69,572	22% above HPI

VIKING COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lindsey local authority area over time, sourced from the HPI. The two VIKING COTTAGE sales from November 2003 and March 2019 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 November 2003 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2019 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might VIKING COTTAGE be worth now?

VIKING COTTAGE might now be worth an estimated £241,407.

This is based on house price inflation of 24.7%, between March 2019 and June 2025, for terraced houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for VIKING COTTAGE of £193,600 on 22nd March 2019. For the value to have increased from £193,600 to £241,407 over the five years and nine months to June 2025, the following assumptions must hold true:

• The value of VIKING COTTAGE has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The March 2019 sale price of £193,600 represented a fair market value for the property.
• The size, condition, and specification of VIKING COTTAGE has not materially changed since March 2019.

How Large is VIKING COTTAGE?

VIKING COTTAGE is 96m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of terraced houses houses in Nettleton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Nettleton, and where VIKING COTTAGE lies on this distribution: 16% of terraced houses houses are smaller than VIKING COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Nettleton.

VIKING COTTAGE: Plot and Title Map

VIKING COTTAGE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of VIKING 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 VIKING 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 VIKING COTTAGE?

VIKING COTTAGE is located on NORMANBY ROAD in NETTLETON, in the LN7 postcode district. The below map shows the position of VIKING COTTAGE on NORMANBY ROAD.