FIR TREE LODGE, SLEAFORD ROAD, WIGTOFT, BOSTON, PE20 2NR - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FIR TREE LODGE is a midsized detached house of 136m², built sometime between 1983 and 1990, which could now be worth an estimated £362,266. It was last sold for £290,000 in October 2019, which was around 43% above the average October 2019 detached price in the Boston local authority area. The most recent EPC inspection was December 2017, where the current energy rating was F, and the potential energy rating was D.

FIR TREE LODGE Sold Prices

Land registry data shows two sales for FIR TREE LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Boston local authority area for the corresponding sale date. Both of the two FIR TREE 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
2019 24 OCT	£290,000	£203,372	43% above HPI
2018 3 OCT	£285,000	£208,141	37% above HPI

FIR TREE LODGE 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 two FIR TREE LODGE sales from October 2018 and October 2019 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 October 2018 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2019 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might FIR TREE LODGE be worth now?

FIR TREE LODGE might now be worth an estimated £362,266.

This is based on house price inflation of 24.9%, between October 2019 and February 2025, for detached houses, in the Boston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.9% inflationary increase is applied to the most recent sale price for FIR TREE LODGE of £290,000 on 24th October 2019. For the value to have increased from £290,000 to £362,266 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of FIR TREE LODGE has moved in line with the HPI for detached houses in the Boston local authority area.
• The October 2019 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of FIR TREE LODGE has not materially changed since October 2019.

How Large is FIR TREE LODGE?

FIR TREE LODGE is 136m² according to the EPC inspection conducted in December 2017. This puts it in the largest 50% of detached houses houses in Wigtoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigtoft, and where FIR TREE LODGE lies on this distribution: 58% of detached houses houses are smaller than FIR TREE LODGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Wigtoft.

FIR TREE LODGE: Plot and Title Map

FIR TREE LODGE sits on a plot of roughly 1.0 acres, or 4,197m². The below map shows the location of FIR TREE 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 FIR TREE 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.

Where is FIR TREE LODGE?

FIR TREE LODGE is located on SLEAFORD ROAD in WIGTOFT, in the PE20 postcode district. The below map shows the position of FIR TREE LODGE on SLEAFORD ROAD.