PAPILLON, LACEYS LANE, LEVERTON, BOSTON, PE22 0BD - £152,500

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

PAPILLON is a midsized detached house of 105m², built sometime from 2007 onwards. It was last sold for £152,500 in June 2015, which was around 18% below the average June 2015 detached price in the Boston local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

PAPILLON Sold Prices

Land registry data shows three sales for PAPILLON 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. All of the three PAPILLON 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 26 JUN	£152,500	£186,358	18% below HPI
2012 30 JAN	£142,000	£161,490	12% below HPI
2007 26 JUL	£144,950	£185,737	22% below HPI

PAPILLON 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 PAPILLON sales between July 2007 and June 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 January 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is PAPILLON?

PAPILLON is 105m² according to the EPC inspection conducted in October 2011. This puts it in the largest 50% of detached houses in Leverton, based on EPC data. The below chart shows the distribution of detached houses by size in Leverton, and where PAPILLON lies on this distribution: 58% of detached houses are smaller than PAPILLON, and 42% of houses are larger. Note that EPC data is not available for all properties in Leverton.

PAPILLON: Plot and Title Map

PAPILLON sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of PAPILLON, 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 PAPILLON). 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 PAPILLON?

PAPILLON is located on LACEYS LANE in LEVERTON, in the PE22 postcode district. The below map shows the position of PAPILLON on LACEYS LANE.