MAGNOLIA LODGE, CHURCH END, WRANGLE, BOSTON, PE22 9EW - £235,000

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

MAGNOLIA LODGE is a large detached house of 148m², built sometime between 1996 and 2002. It was last sold for £235,000 in April 2021, which was around 4% above the average April 2021 detached price in the Boston local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

MAGNOLIA LODGE Sold Prices

Land registry data shows four sales for MAGNOLIA LODGE 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. All of the four MAGNOLIA 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
2021 30 APR	£235,000	£225,713	4% above HPI
2017 13 APR	£219,000	£200,641	9% above HPI
2014 18 SEP	£187,000	£176,918	6% above HPI
2005 16 DEC	£195,000	£166,008	17% above HPI

MAGNOLIA 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 four MAGNOLIA LODGE sales between December 2005 and April 2021 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 April 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is MAGNOLIA LODGE?

MAGNOLIA LODGE is 148m² according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses in Wrangle, based on EPC data. The below chart shows the distribution of detached houses by size in Wrangle, and where MAGNOLIA LODGE lies on this distribution: 73% of detached houses are smaller than MAGNOLIA LODGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Wrangle.

MAGNOLIA LODGE: Plot and Title Map

MAGNOLIA LODGE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of MAGNOLIA 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 MAGNOLIA 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 MAGNOLIA LODGE?

MAGNOLIA LODGE is located on CHURCH END in WRANGLE, in the PE22 postcode district. The below map shows the position of MAGNOLIA LODGE on CHURCH END.