MEADOW COTTAGE, FREISTON ROAD, BOSTON, PE21 9AB - £230,000

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

MEADOW COTTAGE is a large extended detached house of 131m², built sometime between 1983 and 1990. It was last sold for £230,000 in February 2024, which was around 8% below the average February 2024 detached price in the Boston local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was C.

MEADOW COTTAGE Sold Prices

Land registry data shows two sales for MEADOW COTTAGE 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. One of the two MEADOW COTTAGE sales was for below the average price, whilst the other was roughly equal to 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
2024 15 FEB	£230,000	£250,058	8% below HPI
1997 29 AUG	£58,000	£57,801	Close to HPI

MEADOW COTTAGE 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 MEADOW COTTAGE sales from August 1997 and February 2024 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 August 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2024 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is MEADOW COTTAGE?

MEADOW COTTAGE is 131m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 30% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where MEADOW COTTAGE lies on this distribution: 73% of detached houses are smaller than MEADOW COTTAGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Boston.

MEADOW COTTAGE: Plot and Title Map

MEADOW COTTAGE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of MEADOW COTTAGE, 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 MEADOW COTTAGE). 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 MEADOW COTTAGE?

MEADOW COTTAGE is located on FREISTON ROAD in BOSTON, in the PE21 postcode district. The below map shows the position of MEADOW COTTAGE on FREISTON ROAD.