FOINAVEN, MAIN ROAD, SIBSEY, BOSTON, PE22 0TW - £335,000

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

FOINAVEN is a midsized extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £335,000 in July 2022, which was around 22% above the average July 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was A.

FOINAVEN Sold Prices

Land registry data shows three sales for FOINAVEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three FOINAVEN sales were for above the average price, whilst one was 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
2022 22 JUL	£335,000	£274,882	22% above HPI
2019 8 OCT	£245,000	£224,931	9% above HPI
2018 16 MAR	£160,000	£207,278	23% below HPI

FOINAVEN 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 three FOINAVEN sales between March 2018 and July 2022 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 2019 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is FOINAVEN?

FOINAVEN is 119m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 50% of detached houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses by size in Sibsey, and where FOINAVEN lies on this distribution: 54% of detached houses are smaller than FOINAVEN, and 44% of houses are larger. Note that EPC data is not available for all properties in Sibsey.

FOINAVEN: Plot and Title Map

FOINAVEN sits on a plot of roughly 0.454 of an acre, or 1,837m². The below map shows the location of FOINAVEN, 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 FOINAVEN). 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 FOINAVEN?

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