JAPONICA HOUSE, SLEAFORD ROAD, WIGTOFT, BOSTON, PE20 2NR - £182,500

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.

JAPONICA HOUSE is a small extended detached house of 115m², built sometime between 1900 and 1929, which could now be worth an estimated £302,024. It was last sold for £182,500 in August 2013, which was around 19% above the average August 2013 detached price in the Boston local authority area. The most recent EPC inspection was November 2011, where the current energy rating was F, and the potential energy rating was E.

JAPONICA HOUSE Sold Prices

Land registry data shows four sales for JAPONICA HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Boston local authority area for the corresponding sale date. Most of the four JAPONICA HOUSE 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
2013 2 AUG	£182,500	£153,512	19% above HPI
2010 28 JUL	£142,500	£165,075	14% below HPI
2003 18 DEC	£129,950	£146,886	12% below HPI
2000 5 DEC	£38,000	£77,983	51% below HPI

JAPONICA HOUSE 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 four JAPONICA HOUSE sales between December 2000 and August 2013 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 July 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2013 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might JAPONICA HOUSE be worth now?

JAPONICA HOUSE might now be worth an estimated £302,024.

This is based on house price inflation of 65.5%, between August 2013 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 65.5% inflationary increase is applied to the most recent sale price for JAPONICA HOUSE of £182,500 on 2nd August 2013. For the value to have increased from £182,500 to £302,024 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of JAPONICA HOUSE has moved in line with the HPI for detached houses in the Boston local authority area.
• The August 2013 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of JAPONICA HOUSE has not materially changed since August 2013.

How Large is JAPONICA HOUSE?

JAPONICA HOUSE is 115m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the smallest 40% 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 JAPONICA HOUSE lies on this distribution: 37% of detached houses houses are smaller than JAPONICA HOUSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Wigtoft.

JAPONICA HOUSE: Plot and Title Map

JAPONICA HOUSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of JAPONICA HOUSE, 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 JAPONICA HOUSE). 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 JAPONICA HOUSE?

JAPONICA HOUSE is located on SLEAFORD ROAD in WIGTOFT, in the PE20 postcode district. The below map shows the position of JAPONICA HOUSE on SLEAFORD ROAD.