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 LODGE is a very large detached house of 178m², built sometime between 2003 and 2006. It was last sold for £362,500 in July 2021, which was around 62% above the average July 2021 detached price in the Boston local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows six sales for CHESTNUT LODGE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Boston local authority area for the corresponding sale date. Most of the six CHESTNUT LODGE sales were for above 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 |
---|---|---|---|
2021 8 JUL | £362,500 | £223,913 | 62% above HPI |
2014 30 JAN | £235,000 | £163,636 | 44% above HPI |
2010 17 DEC | £205,000 | £162,807 | 26% above HPI |
2004 4 JUN | £225,000 | £154,925 | 45% above HPI |
2002 15 JUL | £135,000 | £105,265 | 28% above HPI |
2001 13 AUG | £70,000 | £87,444 | 20% below HPI |
The below graph shows the average detached house price in the Boston local authority area over time, sourced from the HPI. The six CHESTNUT LODGE sales between August 2001 and July 2021 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 January 2014 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the July 2021 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.
CHESTNUT LODGE is 178m² according to the EPC inspection conducted in November 2008. This puts it in the largest 20% of detached houses in Bicker, based on EPC data. The below chart shows the distribution of detached houses by size in Bicker, and where CHESTNUT LODGE lies on this distribution: 88% of detached houses are smaller than CHESTNUT LODGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Bicker.
CHESTNUT LODGE sits on a plot of roughly 0.206 of an acre, or 832m². The below map shows the location of CHESTNUT 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 CHESTNUT 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.
CHESTNUT LODGE is located on CEMETERY ROAD in BICKER, in the PE20 postcode district. The below map shows the position of CHESTNUT LODGE on CEMETERY ROAD.