RIVENDALE, MAIN ROAD, SIBSEY, BOSTON, PE22 0TN - £350,000

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.

RIVENDALE is a very large extended detached house of 146m², built sometime between 1976 and 1982, which could now be worth an estimated £401,914. It was last sold for £350,000 in September 2021, which was around 40% above the average September 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

RIVENDALE Sold Prices

Land registry data shows two sales for RIVENDALE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two RIVENDALE sales 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
2021 21 SEP	£350,000	£249,278	40% above HPI
2013 22 JUL	£225,000	£166,422	35% above HPI

RIVENDALE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two RIVENDALE sales from July 2013 and September 2021 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 July 2013 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2021 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might RIVENDALE be worth now?

RIVENDALE might now be worth an estimated £401,914.

This is based on house price inflation of 14.8%, between September 2021 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.8% inflationary increase is applied to the most recent sale price for RIVENDALE of £350,000 on 21st September 2021. For the value to have increased from £350,000 to £401,914 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of RIVENDALE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of RIVENDALE has not materially changed since September 2021.

How Large is RIVENDALE?

RIVENDALE is 146m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sibsey, and where RIVENDALE lies on this distribution: 80% of detached houses houses are smaller than RIVENDALE, and 19% of houses are larger. Note that EPC data is not available for all properties in Sibsey.

RIVENDALE: Plot and Title Map

RIVENDALE sits on a plot of roughly 0.525 of an acre, or 2,123m². The below map shows the location of RIVENDALE, 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 RIVENDALE). 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 RIVENDALE?

RIVENDALE is located on MAIN ROAD in SIBSEY, in the PE22 postcode district. The below map shows the position of RIVENDALE on MAIN ROAD.