12, RAINWALLS LANE, SUTTERTON, BOSTON, PE20 2ED - £275,000

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.

12 RAINWALLS LANE is a very small detached house of 81m², built sometime between 2003 and 2006, which could now be worth an estimated £266,762. It was last sold for £275,000 in November 2022, which was around 5% above the average November 2022 detached price in the Boston local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was A.

12 RAINWALLS LANE Sold Prices

Land registry data shows two sales for 12 RAINWALLS LANE 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. One of the two 12 RAINWALLS LANE sales was for above the average price, whilst the other was 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
2022 25 NOV	£275,000	£261,896	5% above HPI
2003 27 JUN	£134,950	£137,164	2% below HPI

12 RAINWALLS LANE 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 RAINWALLS LANE sales from June 2003 and November 2022 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 June 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 12 RAINWALLS LANE be worth now?

12 RAINWALLS LANE might now be worth an estimated £266,762.

This is based on house price deflation of 3%, between November 2022 and February 2025, for detached houses, in the Boston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% deflationary decrease is applied to the most recent sale price for 12 RAINWALLS LANE of £275,000 on 25th November 2022. For the value to have decreased from £275,000 to £266,762 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 RAINWALLS LANE has moved in line with the HPI for detached houses in the Boston local authority area.
• The November 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RAINWALLS LANE has not materially changed since November 2022.

How Large is 12 RAINWALLS LANE?

12 RAINWALLS LANE is 81m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses houses in Sutterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sutterton, and where 12 RAINWALLS LANE lies on this distribution: 19% of detached houses houses are smaller than 12 RAINWALLS LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Sutterton.

12 RAINWALLS LANE: Plot and Title Map

12 RAINWALLS LANE sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of 12 RAINWALLS LANE, 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 RAINWALLS LANE). 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 RAINWALLS LANE?

12 RAINWALLS LANE is located in SUTTERTON, in the PE20 postcode district. The below map shows the position of No. 12 on RAINWALLS LANE.