CHERRY TREE LODGE, HIGH STREET, SWINESHEAD, BOSTON, PE20 3LH - £132,000

CHERRY TREE LODGE is a small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £132,000 in January 2017, which was around 31% below the average January 2017 detached price in the Boston local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

CHERRY TREE LODGE Sold Prices

Land registry data shows four sales for CHERRY TREE LODGE 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 CHERRY TREE LODGE 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
2017 20 JAN	£132,000	£192,630	31% below HPI
2001 10 DEC	£79,950	£88,243	9% below HPI
1999 17 DEC	£58,500	£64,183	9% below HPI
1996 26 JAN	£32,000	£51,284	38% below HPI

CHERRY TREE LODGE 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 CHERRY TREE LODGE sales between January 1996 and January 2017 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 December 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is CHERRY TREE LODGE?

CHERRY TREE LODGE is 81m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of detached houses in Swineshead, based on EPC data. The below chart shows the distribution of detached houses by size in Swineshead, and where CHERRY TREE LODGE lies on this distribution: 20% of detached houses are smaller than CHERRY TREE LODGE, and 79% of houses are larger. Note that EPC data is not available for all properties in Swineshead.

CHERRY TREE LODGE: Plot and Title Map

CHERRY TREE LODGE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of CHERRY TREE LODGE, 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 CHERRY TREE LODGE). 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 CHERRY TREE LODGE?

CHERRY TREE LODGE is located on HIGH STREET in SWINESHEAD, in the PE20 postcode district. The below map shows the position of CHERRY TREE LODGE on HIGH STREET.