52, MILL LANE, BUTTERWICK, BOSTON, PE22 0JF - £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

52 MILL LANE is a small extended detached house of 89m², built sometime before 1900. It was last sold for £160,000 in June 2013, which was around 1% above the average June 2013 detached price in the Boston local authority area. The most recent EPC inspection was December 2012, where the current energy rating was E, and the potential energy rating was C.

52 MILL LANE Sold Prices

Land registry data shows two sales for 52 MILL 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 52 MILL 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
2013 6 JUN	£160,000	£158,181	1% above HPI
2011 21 FEB	£160,000	£161,580	1% below HPI

52 MILL 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 52 MILL LANE sales from February 2011 and June 2013 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 February 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2013 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 52 MILL LANE?

52 MILL LANE is 89m², which includes two extensions, according to the EPC inspection conducted in December 2012. This puts it in the smallest 40% of detached houses in Butterwick, based on EPC data. The below chart shows the distribution of detached houses by size in Butterwick, and where 52 MILL LANE lies on this distribution: 39% of detached houses are smaller than 52 MILL LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Butterwick.

52 MILL LANE: Plot and Title Map

52 MILL LANE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 52 MILL 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 52 MILL 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 52 MILL LANE?

52 MILL LANE is located in BUTTERWICK, in the PE22 postcode district. The below map shows the position of No. 52 on MILL LANE.