CORNERWAYS, OLD MAIN ROAD, FOSDYKE, BOSTON, PE20 2BU - £215,000

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

CORNERWAYS is a very small detached house of 81m², built sometime between 1991 and 1995. It was last sold for £215,000 in May 2024, which was around 17% below the average May 2024 detached price in the Boston local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

CORNERWAYS Sold Prices

Land registry data shows three sales for CORNERWAYS 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 CORNERWAYS 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
2024 24 MAY	£215,000	£260,360	17% below HPI
2022 18 MAR	£175,000	£250,441	30% below HPI
2009 12 MAR	£105,000	£154,901	32% below HPI

CORNERWAYS 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 CORNERWAYS sales between March 2009 and May 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 2022 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 81m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Fosdyke, based on EPC data. The below chart shows the distribution of detached houses by size in Fosdyke, and where CORNERWAYS lies on this distribution: 17% of detached houses are smaller than CORNERWAYS, and 79% of houses are larger. Note that EPC data is not available for all properties in Fosdyke.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on OLD MAIN ROAD in FOSDYKE, in the PE20 postcode district. The below map shows the position of CORNERWAYS on OLD MAIN ROAD.