OLIVE LODGE, DONINGTON ROAD, BICKER, BOSTON, PE20 3EF - £51,000

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

OLIVE LODGE is a large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £51,000 in March 2008, which was around 72% below the average March 2008 detached price in the Boston local authority area. The most recent EPC inspection was January 2014, where the current energy rating was B, and the potential energy rating was B.

OLIVE LODGE Sold Prices

Land registry data shows three sales for OLIVE LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Boston local authority area for the corresponding sale date. One of the three OLIVE LODGE sales was for below the average price, whilst two 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
2008 28 MAR	£51,000	£181,516	72% below HPI
2001 30 MAY	£142,000	£75,589	88% above HPI
2000 25 MAY	£113,950	£67,770	68% above HPI

OLIVE 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 three OLIVE LODGE sales between May 2000 and March 2008 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 May 2001 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the March 2008 sale, where it falls to 72% below the HPI. The line then continues to track at 72% below the HPI.

How Large is OLIVE LODGE?

OLIVE LODGE is 130m² according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses in Bicker, based on EPC data. The below chart shows the distribution of detached houses by size in Bicker, and where OLIVE LODGE lies on this distribution: 64% of detached houses are smaller than OLIVE LODGE, and 36% of houses are larger. Note that EPC data is not available for all properties in Bicker.

OLIVE LODGE: Plot and Title Map

OLIVE LODGE sits on a plot of roughly 0.236 of an acre, or 956m². The below map shows the location of OLIVE 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 OLIVE 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 OLIVE LODGE?

OLIVE LODGE is located on DONINGTON ROAD in BICKER, in the PE20 postcode district. The below map shows the position of OLIVE LODGE on DONINGTON ROAD.