8, WHEATSHEAF CLOSE, SIBSEY, BOSTON, PE22 0YE - £235,000

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

8 WHEATSHEAF CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £235,000 in June 2023, which was around 13% below the average June 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

8 WHEATSHEAF CLOSE Sold Prices

Land registry data shows two sales for 8 WHEATSHEAF CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 8 WHEATSHEAF CLOSE 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
2023 1 JUN	£235,000	£270,082	13% below HPI
2002 24 JUN	£92,000	£99,395	7% below HPI

8 WHEATSHEAF CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 8 WHEATSHEAF CLOSE sales from June 2002 and June 2023 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 June 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 WHEATSHEAF CLOSE?

8 WHEATSHEAF CLOSE is 73m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 20% of detached houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses by size in Sibsey, and where 8 WHEATSHEAF CLOSE lies on this distribution: 10% of detached houses are smaller than 8 WHEATSHEAF CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Sibsey.

8 WHEATSHEAF CLOSE: Plot and Title Map

8 WHEATSHEAF CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 8 WHEATSHEAF CLOSE, 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 8 WHEATSHEAF CLOSE). 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 8 WHEATSHEAF CLOSE?

8 WHEATSHEAF CLOSE is located in SIBSEY, in the PE22 postcode district. The below map shows the position of No. 8 on WHEATSHEAF CLOSE.