WELLS COTTAGE, COOTS LANE, MUMBY, ALFORD, LN13 9JZ - £187,000

WELLS COTTAGE is a large detached house of 114m². It was last sold for £187,000 in April 2018, which was around 9% below the average April 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

WELLS COTTAGE Sold Prices

Land registry data shows three sales for WELLS COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three WELLS COTTAGE sales were for below the average price, whilst one was 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
2018 27 APR	£187,000	£205,229	9% below HPI
2017 10 MAR	£170,000	£203,019	16% below HPI
2010 15 OCT	£172,500	£169,681	2% above HPI

WELLS 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 three WELLS COTTAGE sales between October 2010 and April 2018 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 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is WELLS COTTAGE?

WELLS COTTAGE is 114m² according to the EPC inspection conducted in October 2010. This puts it in the largest 40% of detached houses in Mumby, based on EPC data. The below chart shows the distribution of detached houses by size in Mumby, and where WELLS COTTAGE lies on this distribution: 65% of detached houses are smaller than WELLS COTTAGE, and 35% of houses are larger. Note that EPC data is not available for all properties in Mumby.

WELLS COTTAGE: Plot and Title Map

WELLS COTTAGE sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of WELLS 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 WELLS 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 WELLS COTTAGE?

WELLS COTTAGE is located on COOTS LANE in MUMBY, in the LN13 postcode district. The below map shows the position of WELLS COTTAGE on COOTS LANE.