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
CYPRESS LODGE is a very large extended detached house of 218m², built sometime between 1930 and 1949. It was last sold for £310,000 in November 2014, which was around 75% above the average November 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for CYPRESS LODGE since 1st 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 CYPRESS 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 |
---|---|---|---|
2014 10 NOV | £310,000 | £177,608 | 75% above HPI |
2003 16 JAN | £272,500 | £118,614 | 130% above HPI |
2000 18 AUG | £147,250 | £75,614 | 95% above HPI |
1997 9 SEP | £149,000 | £62,540 | 138% above HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four CYPRESS LODGE sales between September 1997 and November 2014 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 2003 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the November 2014 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.
CYPRESS LODGE is 218m², which includes four extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 10% of detached houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses by size in Sibsey, and where CYPRESS LODGE lies on this distribution: 96% of detached houses are smaller than CYPRESS LODGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Sibsey.
CYPRESS LODGE sits on a plot of roughly 0.855 of an acre, or 3,460m². The below map shows the location of CYPRESS 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 CYPRESS 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.
CYPRESS LODGE is located on BOSTON ROAD in SIBSEY, in the PE22 postcode district. The below map shows the position of CYPRESS LODGE on BOSTON ROAD.