2, MEYERS CLOSE, SIBSEY, BOSTON, PE22 0TJ - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 MEYERS CLOSE is a small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £210,000 in November 2019, which was around 7% below the average November 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

2 MEYERS CLOSE Sold Prices

Land registry data shows two sales for 2 MEYERS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the two 2 MEYERS CLOSE sales was for below the average price, whilst the other 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
2019 7 NOV	£210,000	£225,476	7% below HPI
1996 18 JUL	£66,950	£56,877	18% above HPI

2 MEYERS CLOSE 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 two 2 MEYERS CLOSE sales from July 1996 and November 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 July 1996 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2019 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 MEYERS CLOSE?

2 MEYERS CLOSE is 97m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of detached houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses by size in Sibsey, and where 2 MEYERS CLOSE lies on this distribution: 31% of detached houses are smaller than 2 MEYERS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Sibsey.

2 MEYERS CLOSE: Plot and Title Map

2 MEYERS CLOSE sits on a plot of roughly 0.181 of an acre, or 733m². The below map shows the location of 2 MEYERS CLOSE, 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 2 MEYERS CLOSE). 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 2 MEYERS CLOSE?

2 MEYERS CLOSE is located in SIBSEY, in the PE22 postcode district. The below map shows the position of No. 2 on MEYERS CLOSE.