MILL BUNGALOW, MILL LANE, BICKER, BOSTON, PE20 3AA - £130,000

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.

MILL BUNGALOW is a very small extended detached house of 76m², built sometime between 1930 and 1949, which could now be worth an estimated £214,809. It was last sold for £130,000 in August 2012, which was around 15% below the average August 2012 detached price in the Boston local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was A.

MILL BUNGALOW Sold Prices

Land registry data shows two sales for MILL BUNGALOW 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. Both of the two MILL BUNGALOW 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
2012 7 AUG	£130,000	£153,749	15% below HPI
2007 15 JUN	£95,000	£180,744	47% below HPI

MILL BUNGALOW 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 MILL BUNGALOW sales from June 2007 and August 2012 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 June 2007 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2012 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might MILL BUNGALOW be worth now?

MILL BUNGALOW might now be worth an estimated £214,809.

This is based on house price inflation of 65.2%, between August 2012 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 65.2% inflationary increase is applied to the most recent sale price for MILL BUNGALOW of £130,000 on 7th August 2012. For the value to have increased from £130,000 to £214,809 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of MILL BUNGALOW has moved in line with the HPI for detached houses in the Boston local authority area.
• The August 2012 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of MILL BUNGALOW has not materially changed since August 2012.

How Large is MILL BUNGALOW?

MILL BUNGALOW is 76m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses houses in Bicker, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicker, and where MILL BUNGALOW lies on this distribution: 4% of detached houses houses are smaller than MILL BUNGALOW, and 96% of houses are larger. Note that EPC data is not available for all properties in Bicker.

MILL BUNGALOW: Plot and Title Map

MILL BUNGALOW sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of MILL BUNGALOW, 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 MILL BUNGALOW). 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 MILL BUNGALOW?

MILL BUNGALOW is located on MILL LANE in BICKER, in the PE20 postcode district. The below map shows the position of MILL BUNGALOW on MILL LANE.