36, SCHOOL LANE, BUTTERWICK, BOSTON, PE22 0HU - £160,000

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

36 SCHOOL LANE is a very large extended detached house of 217m², built sometime before 1900. It was last sold for £160,000 in June 2002, which was around 62% above the average June 2002 detached price in the Boston local authority area. The most recent EPC inspection was November 2021, where the current energy rating was F, and the potential energy rating was C.

36 SCHOOL LANE Sold Prices

Land registry data shows two sales for 36 SCHOOL 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 36 SCHOOL 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
2002 14 JUN	£160,000	£98,896	62% above HPI
2001 9 AUG	£75,000	£87,444	14% below HPI

36 SCHOOL 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 36 SCHOOL LANE sales from August 2001 and June 2002 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 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2002 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 36 SCHOOL LANE?

36 SCHOOL LANE is 217m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 10% of detached houses in Butterwick, based on EPC data. The below chart shows the distribution of detached houses by size in Butterwick, and where 36 SCHOOL LANE lies on this distribution: 99% of detached houses are smaller than 36 SCHOOL LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Butterwick.

36 SCHOOL LANE: Plot and Title Map

36 SCHOOL LANE sits on a plot of roughly 0.236 of an acre, or 955m². The below map shows the location of 36 SCHOOL 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 36 SCHOOL 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 36 SCHOOL LANE?

36 SCHOOL LANE is located in BUTTERWICK, in the PE22 postcode district. The below map shows the position of No. 36 on SCHOOL LANE.