CHESTNUT HOUSE, SEA LANE, FRISKNEY, BOSTON, PE22 8SD - £378,000

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

CHESTNUT HOUSE is a very small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £378,000 in April 2024, which was around 37% above the average April 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

CHESTNUT HOUSE Sold Prices

Land registry data shows three sales for CHESTNUT HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three CHESTNUT HOUSE sales were for above the average price, whilst one 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
2024 9 APR	£378,000	£275,993	37% above HPI
2012 23 MAR	£168,000	£158,319	6% above HPI
1996 10 MAY	£33,000	£55,273	40% below HPI

CHESTNUT HOUSE 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 three CHESTNUT HOUSE sales between May 1996 and April 2024 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 March 2012 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2024 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is CHESTNUT HOUSE?

CHESTNUT HOUSE is 89m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Friskney Eaudyke, based on EPC data. The below chart shows the distribution of detached houses by size in Friskney Eaudyke, and where CHESTNUT HOUSE lies on this distribution: 10% of detached houses are smaller than CHESTNUT HOUSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Friskney Eaudyke.

CHESTNUT HOUSE: Plot and Title Map

CHESTNUT HOUSE sits on a plot of roughly 1.1 acres, or 4,299m². The below map shows the location of CHESTNUT HOUSE, 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 CHESTNUT HOUSE). 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 CHESTNUT HOUSE?

CHESTNUT HOUSE is located on SEA LANE in FRISKNEY, in the PE22 postcode district. The below map shows the position of CHESTNUT HOUSE on SEA LANE.