SPRINGFIELD, CHURCH ROAD, FRISKNEY, BOSTON, PE22 8RD - £138,000

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.

SPRINGFIELD is a small detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £205,931. It was last sold for £138,000 in July 2016, which was around 28% below the average July 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

SPRINGFIELD Sold Prices

Land registry data shows four sales for SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four SPRINGFIELD 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
2016 29 JUL	£138,000	£191,825	28% below HPI
2002 26 JUL	£83,500	£102,997	19% below HPI
1998 22 JUL	£56,950	£66,053	14% below HPI
1995 10 MAR	£38,000	£59,171	36% below HPI

SPRINGFIELD 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 four SPRINGFIELD sales between March 1995 and July 2016 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 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might SPRINGFIELD be worth now?

SPRINGFIELD might now be worth an estimated £205,931.

This is based on house price inflation of 49.2%, between July 2016 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 49.2% inflationary increase is applied to the most recent sale price for SPRINGFIELD of £138,000 on 29th July 2016. For the value to have increased from £138,000 to £205,931 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of SPRINGFIELD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2016 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELD has not materially changed since July 2016.

How Large is SPRINGFIELD?

SPRINGFIELD is 77m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 30% of detached houses houses in Friskney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Friskney, and where SPRINGFIELD lies on this distribution: 21% of detached houses houses are smaller than SPRINGFIELD, and 77% of houses are larger. Note that EPC data is not available for all properties in Friskney.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

SPRINGFIELD is located on CHURCH ROAD in FRISKNEY, in the PE22 postcode district. The below map shows the position of SPRINGFIELD on CHURCH ROAD.