4A, SEA LANE, BUTTERWICK, BOSTON, PE22 0EY - £189,950

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

4A SEA LANE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £189,950 in January 2022, which was around 23% below the average January 2022 detached price in the Boston local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

4A SEA LANE Sold Prices

Land registry data shows four sales for 4A SEA LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the four 4A 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
2022 21 JAN	£189,950	£246,356	23% below HPI
2021 29 OCT	£185,000	£244,230	24% below HPI
2011 14 OCT	£118,000	£162,042	27% below HPI
1997 21 JAN	£48,000	£54,016	11% below HPI

4A 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 four 4A SEA LANE sales between January 1997 and January 2022 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 October 2021 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4A SEA LANE?

4A SEA LANE is 72m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses in Butterwick, based on EPC data. The below chart shows the distribution of detached houses by size in Butterwick, and where 4A SEA LANE lies on this distribution: 17% of detached houses are smaller than 4A SEA LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Butterwick.

4A SEA LANE: Plot and Title Map

4A SEA LANE sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 4A 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 4A 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 4A SEA LANE?

4A SEA LANE is located in BUTTERWICK, in the PE22 postcode district. The below map shows the position of No. 4A on SEA LANE.