OLD COTTAGE, MAIN ROAD, WRANGLE, BOSTON, PE22 9AS - £83,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OLD COTTAGE is a very small detached house of 69m², built sometime before 1900, which could now be worth an estimated £119,461. It was last sold for £83,500 in April 2015, which was around 53% below the average April 2015 detached price in the Boston local authority area. The most recent EPC inspection was July 2013, where the current energy rating was G, and the potential energy rating was C.

OLD COTTAGE Sold Prices

Land registry data shows two sales for OLD 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. Both of the two OLD COTTAGE 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
2015 27 APR	£83,500	£176,478	53% below HPI
2014 27 FEB	£65,000	£165,216	61% below HPI

OLD 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 OLD COTTAGE sales from February 2014 and April 2015 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 February 2014 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the April 2015 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might OLD COTTAGE be worth now?

OLD COTTAGE might now be worth an estimated £119,461.

This is based on house price inflation of 43.1%, between April 2015 and December 2024, 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 43.1% inflationary increase is applied to the most recent sale price for OLD COTTAGE of £83,500 on 27th April 2015. For the value to have increased from £83,500 to £119,461 over the eight years and four months to December 2024, the following assumptions must hold true:

• The value of OLD COTTAGE has moved in line with the HPI for detached houses in the Boston local authority area.
• The April 2015 sale price of £83,500 represented a fair market value for the property.
• The size, condition, and specification of OLD COTTAGE has not materially changed since April 2015.

How Large is OLD COTTAGE?

OLD COTTAGE is 69m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses houses in Wrangle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wrangle, and where OLD COTTAGE lies on this distribution: 2% of detached houses houses are smaller than OLD COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wrangle.

OLD COTTAGE: Plot and Title Map

OLD COTTAGE sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of OLD 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 OLD 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 OLD COTTAGE?

OLD COTTAGE is located on MAIN ROAD in WRANGLE, in the PE22 postcode district. The below map shows the position of OLD COTTAGE on MAIN ROAD.