3, LOVEDAY LANE, WYBERTON, BOSTON, PE21 7AJ - £230,000

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

3 LOVEDAY LANE is a large detached house of 120m², built sometime between 2003 and 2006. It was last sold for £230,000 in November 2011, which was around 40% above the average November 2011 detached price in the Boston local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

3 LOVEDAY LANE Sold Prices

Land registry data shows two sales for 3 LOVEDAY 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. Both of the two 3 LOVEDAY 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
2011 7 NOV	£230,000	£163,963	40% above HPI
2007 31 MAY	£235,000	£183,950	28% above HPI

3 LOVEDAY 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 3 LOVEDAY LANE sales from May 2007 and November 2011 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 May 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2011 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 3 LOVEDAY LANE?

3 LOVEDAY LANE is 120m² according to the EPC inspection conducted in May 2011. This puts it in the largest 40% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 3 LOVEDAY LANE lies on this distribution: 65% of detached houses are smaller than 3 LOVEDAY LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Boston.

3 LOVEDAY LANE: Plot and Title Map

3 LOVEDAY LANE sits on a plot of roughly 0.282 of an acre, or 1,141m². The below map shows the location of 3 LOVEDAY 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 3 LOVEDAY 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 3 LOVEDAY LANE?

3 LOVEDAY LANE is located in WYBERTON, in the PE21 postcode district. The below map shows the position of No. 3 on LOVEDAY LANE.