3, SEA LANE, BUTTERWICK, BOSTON, PE22 0EY - £162,500

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 SEA LANE is a large extended detached house of 126m², built sometime between 1976 and 1982. It was last sold for £162,500 in April 2015, which was around 9% below the average April 2015 detached price in the Boston local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

3 SEA LANE Sold Prices

Land registry data shows two sales for 3 SEA 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 SEA LANE 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
2015 8 APR	£162,500	£178,996	9% below HPI
2014 22 AUG	£155,000	£179,200	14% below HPI

3 SEA 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 SEA LANE sales from August 2014 and April 2015 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 August 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 SEA LANE?

3 SEA LANE is 126m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses in Butterwick, based on EPC data. The below chart shows the distribution of detached houses by size in Butterwick, and where 3 SEA LANE lies on this distribution: 77% of detached houses are smaller than 3 SEA LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Butterwick.

3 SEA LANE: Plot and Title Map

3 SEA LANE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 3 SEA 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 SEA 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 SEA LANE?

3 SEA LANE is located in BUTTERWICK, in the PE22 postcode district. The below map shows the position of No. 3 on SEA LANE.