12, MILL LODGE, WILLOUGHBY ROAD, BOSTON, PE21 9EG - £45,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 MILL LODGE is a very small detached house of 39m², built sometime between 1991 and 1995. It was last sold for £45,000 in August 2002, which was around 59% below the average August 2002 detached price in the Boston local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was B.

12 MILL LODGE Sold Prices

Land registry data shows two sales for 12 MILL LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Boston local authority area for the corresponding sale date. Both of the two 12 MILL LODGE 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
2002 23 AUG	£45,000	£108,833	59% below HPI
1997 10 DEC	£31,950	£57,946	45% below HPI

12 MILL LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Boston local authority area over time, sourced from the HPI. The two 12 MILL LODGE sales from December 1997 and August 2002 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 December 1997 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2002 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 12 MILL LODGE?

12 MILL LODGE is 39m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 12 MILL LODGE lies on this distribution: Less than 1% of detached houses are smaller than 12 MILL LODGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Boston.

12 MILL LODGE: Plot and Title Map

12 MILL LODGE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 12 MILL LODGE, 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 12 MILL LODGE). 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 12 MILL LODGE?

12 MILL LODGE is located on WILLOUGHBY ROAD in BOSTON, in the PE21 postcode district. The below map shows the position of 12 MILL LODGE on WILLOUGHBY ROAD.