ANVIL COTTAGE, MAIN ROAD, WIGTOFT, BOSTON, PE20 2NX - £97,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ANVIL COTTAGE is a very small extended detached house of 70m², built sometime before 1900. It was last sold for £97,000 in November 2014, which was around 44% below the average November 2014 detached price in the Boston local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

ANVIL COTTAGE Sold Prices

Land registry data shows three sales for ANVIL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the three ANVIL COTTAGE 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
2014 7 NOV	£97,000	£172,250	44% below HPI
2007 11 JUN	£123,000	£183,322	33% below HPI
1997 7 JUL	£25,000	£59,109	58% below HPI

ANVIL COTTAGE 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 three ANVIL COTTAGE sales between July 1997 and November 2014 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 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2014 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is ANVIL COTTAGE?

ANVIL COTTAGE is 70m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Wigtoft, based on EPC data. The below chart shows the distribution of detached houses by size in Wigtoft, and where ANVIL COTTAGE lies on this distribution: 3% of detached houses are smaller than ANVIL COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wigtoft.

ANVIL COTTAGE: Plot and Title Map

ANVIL COTTAGE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of ANVIL COTTAGE, 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 ANVIL COTTAGE). 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 ANVIL COTTAGE?

ANVIL COTTAGE is located on MAIN ROAD in WIGTOFT, in the PE20 postcode district. The below map shows the position of ANVIL COTTAGE on MAIN ROAD.