SHANNON HOUSE, MAIN ROAD, WIGTOFT, BOSTON, PE20 2NX - £229,950

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.

SHANNON HOUSE is a large detached house of 169m², built sometime between 1996 and 2002, which could now be worth an estimated £358,357. It was last sold for £229,950 in September 2013, which was around 41% above the average September 2013 detached price in the Boston local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

SHANNON HOUSE Sold Prices

Land registry data shows three sales for SHANNON HOUSE 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 SHANNON HOUSE 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
2013 13 SEP	£229,950	£163,019	41% above HPI
2004 3 SEP	£199,950	£160,077	25% above HPI
2002 12 SEP	£175,000	£112,690	55% above HPI

SHANNON HOUSE 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 SHANNON HOUSE sales between September 2002 and September 2013 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 September 2004 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2013 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might SHANNON HOUSE be worth now?

SHANNON HOUSE might now be worth an estimated £358,357.

This is based on house price inflation of 55.8%, between September 2013 and February 2025, 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 55.8% inflationary increase is applied to the most recent sale price for SHANNON HOUSE of £229,950 on 13th September 2013. For the value to have increased from £229,950 to £358,357 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of SHANNON HOUSE has moved in line with the HPI for detached houses in the Boston local authority area.
• The September 2013 sale price of £229,950 represented a fair market value for the property.
• The size, condition, and specification of SHANNON HOUSE has not materially changed since September 2013.

How Large is SHANNON HOUSE?

SHANNON HOUSE is 169m² according to the EPC inspection conducted in December 2012. This puts it in the largest 30% of detached houses houses in Wigtoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigtoft, and where SHANNON HOUSE lies on this distribution: 74% of detached houses houses are smaller than SHANNON HOUSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Wigtoft.

SHANNON HOUSE: Plot and Title Map

SHANNON HOUSE sits on a plot of roughly 0.236 of an acre, or 955m². The below map shows the location of SHANNON HOUSE, 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 SHANNON HOUSE). 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 SHANNON HOUSE?

SHANNON HOUSE is located on MAIN ROAD in WIGTOFT, in the PE20 postcode district. The below map shows the position of SHANNON HOUSE on MAIN ROAD.