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

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

FIR TREE LODGE is a midsized detached house of 136m², built sometime between 1983 and 1990. It was last sold for £290,000 in October 2019, which was around 41% 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	£206,274	41% above HPI
2018 3 OCT	£285,000	£211,110	35% 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 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the October 2019 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

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 in Wigtoft, based on EPC data. The below chart shows the distribution of detached houses by size in Wigtoft, and where FIR TREE LODGE lies on this distribution: 58% of detached 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.