CLOISTERS, MAIN ROAD, STICKNEY, BOSTON, PE22 8AA - £180,000

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

CLOISTERS is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £180,000 in July 2023, which was around 35% below the average July 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2023, where the current energy rating was F, and the potential energy rating was D.

CLOISTERS Sold Prices

Land registry data shows four sales for CLOISTERS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four CLOISTERS 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 21 JUL	£180,000	£275,032	35% below HPI
2013 20 DEC	£112,000	£165,366	32% below HPI
2003 25 JUN	£132,500	£133,913	1% below HPI
2002 26 SEP	£87,500	£111,186	21% below HPI

CLOISTERS 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 four CLOISTERS sales between September 2002 and July 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 December 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is CLOISTERS?

CLOISTERS is 60m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Stickney, based on EPC data. The below chart shows the distribution of detached houses by size in Stickney, and where CLOISTERS lies on this distribution: 2% of detached houses are smaller than CLOISTERS, and 95% of houses are larger. Note that EPC data is not available for all properties in Stickney.

CLOISTERS: Plot and Title Map

CLOISTERS sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of CLOISTERS, 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 CLOISTERS). 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 CLOISTERS?

CLOISTERS is located on MAIN ROAD in STICKNEY, in the PE22 postcode district. The below map shows the position of CLOISTERS on MAIN ROAD.