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

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

SHANNON HOUSE is a large detached house of 169m², built sometime between 1996 and 2002. It was last sold for £229,950 in September 2013, which was around 39% 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	£165,345	39% above HPI
2004 3 SEP	£199,950	£162,361	23% above HPI
2002 12 SEP	£175,000	£114,298	53% 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 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2013 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

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 in Wigtoft, based on EPC data. The below chart shows the distribution of detached houses by size in Wigtoft, and where SHANNON HOUSE lies on this distribution: 74% of detached 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.