29, LOWGATE LANE, BICKER, BOSTON, PE20 3DG - £253,500

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.

29 LOWGATE LANE is a large detached house of 153m², built sometime between 1983 and 1990, which could now be worth an estimated £315,575. It was last sold for £253,500 in February 2018, which was around 24% above the average February 2018 detached price in the Boston local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was B.

29 LOWGATE LANE Sold Prices

Land registry data shows five sales for 29 LOWGATE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the five 29 LOWGATE LANE 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
2018 2 FEB	£253,500	£204,078	24% above HPI
2014 15 APR	£177,000	£168,592	5% above HPI
2009 24 JUN	£172,000	£148,356	16% above HPI
2004 1 OCT	£185,000	£162,959	14% above HPI
1998 30 JAN	£72,000	£60,000	20% above HPI

29 LOWGATE 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 five 29 LOWGATE LANE sales between January 1998 and February 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 April 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2018 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 29 LOWGATE LANE be worth now?

29 LOWGATE LANE might now be worth an estimated £315,575.

This is based on house price inflation of 24.5%, between February 2018 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 24.5% inflationary increase is applied to the most recent sale price for 29 LOWGATE LANE of £253,500 on 2nd February 2018. For the value to have increased from £253,500 to £315,575 over the seven years to February 2025, the following assumptions must hold true:

• The value of 29 LOWGATE LANE has moved in line with the HPI for detached houses in the Boston local authority area.
• The February 2018 sale price of £253,500 represented a fair market value for the property.
• The size, condition, and specification of 29 LOWGATE LANE has not materially changed since February 2018.

How Large is 29 LOWGATE LANE?

29 LOWGATE LANE is 153m² according to the EPC inspection conducted in July 2016. This puts it in the largest 30% of detached houses houses in Bicker, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicker, and where 29 LOWGATE LANE lies on this distribution: 77% of detached houses houses are smaller than 29 LOWGATE LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Bicker.

29 LOWGATE LANE: Plot and Title Map

29 LOWGATE LANE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 29 LOWGATE 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 29 LOWGATE 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 29 LOWGATE LANE?

29 LOWGATE LANE is located in BICKER, in the PE20 postcode district. The below map shows the position of No. 29 on LOWGATE LANE.