SHORTLANDS, STATION ROAD, SIBSEY, BOSTON, PE22 0SA - £255,000

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

SHORTLANDS is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £255,000 in June 2017, which was around 26% above the average June 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

SHORTLANDS Sold Prices

Land registry data shows two sales for SHORTLANDS 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. One of the two SHORTLANDS sales was for above the average price, whilst the other was 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
2017 9 JUN	£255,000	£202,435	26% above HPI
2012 6 JUL	£100,000	£162,579	38% below HPI

SHORTLANDS 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 SHORTLANDS sales from July 2012 and June 2017 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 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2017 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is SHORTLANDS?

SHORTLANDS is 101m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses by size in Sibsey, and where SHORTLANDS lies on this distribution: 36% of detached houses are smaller than SHORTLANDS, and 63% of houses are larger. Note that EPC data is not available for all properties in Sibsey.

SHORTLANDS: Plot and Title Map

SHORTLANDS sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of SHORTLANDS, 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 SHORTLANDS). 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 SHORTLANDS?

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