MEERSBROOK, LOW ROAD, FRISKNEY, BOSTON, PE22 8NQ - £190,000

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.

MEERSBROOK is a very small detached house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £191,532. It was last sold for £190,000 in October 2022, which was around 33% below the average October 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2008, where the current energy rating was E, and the potential energy rating was C.

MEERSBROOK Sold Prices

Land registry data shows two sales for MEERSBROOK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two MEERSBROOK 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
2022 5 OCT	£190,000	£283,963	33% below HPI
2021 9 AUG	£137,000	£247,452	45% below HPI

MEERSBROOK 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 two MEERSBROOK sales from August 2021 and October 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 August 2021 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might MEERSBROOK be worth now?

MEERSBROOK might now be worth an estimated £191,532.

This is based on house price inflation of 0.8%, between October 2022 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% inflationary increase is applied to the most recent sale price for MEERSBROOK of £190,000 on 5th October 2022. For the value to have increased from £190,000 to £191,532 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of MEERSBROOK has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2022 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of MEERSBROOK has not materially changed since October 2022.

How Large is MEERSBROOK?

MEERSBROOK is 73m² according to the EPC inspection conducted in September 2008. This puts it in the smallest 20% of detached houses houses in Friskney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Friskney, and where MEERSBROOK lies on this distribution: 15% of detached houses houses are smaller than MEERSBROOK, and 85% of houses are larger. Note that EPC data is not available for all properties in Friskney.

MEERSBROOK: Plot and Title Map

MEERSBROOK sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of MEERSBROOK, 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 MEERSBROOK). 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 MEERSBROOK?

MEERSBROOK is located on LOW ROAD in FRISKNEY, in the PE22 postcode district. The below map shows the position of MEERSBROOK on LOW ROAD.