PARK COTTAGE, MAIN ROAD, WRANGLE, BOSTON, PE22 9AJ - £225,000

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

PARK COTTAGE is a large extended detached house of 145m², built sometime before 1900. It was last sold for £225,000 in February 2019, which was around 7% above the average February 2019 detached price in the Boston local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

PARK COTTAGE Sold Prices

Land registry data shows four sales for PARK COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Boston local authority area for the corresponding sale date. Most of the four PARK 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
2019 21 FEB	£225,000	£209,519	7% above HPI
2011 21 FEB	£153,000	£161,580	5% below HPI
2002 31 MAY	£67,000	£94,426	29% below HPI
1999 17 SEP	£38,000	£66,071	42% below HPI

PARK 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 four PARK COTTAGE sales between September 1999 and February 2019 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 2011 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is PARK COTTAGE?

PARK COTTAGE is 145m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 30% of detached houses in Wrangle, based on EPC data. The below chart shows the distribution of detached houses by size in Wrangle, and where PARK COTTAGE lies on this distribution: 71% of detached houses are smaller than PARK COTTAGE, and 29% of houses are larger. Note that EPC data is not available for all properties in Wrangle.

PARK COTTAGE: Plot and Title Map

PARK COTTAGE sits on a plot of roughly 0.175 of an acre, or 708m². The below map shows the location of PARK 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 PARK 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 PARK COTTAGE?

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