STANHOPE COTTAGE, MAIN ROAD, WIGTOFT, BOSTON, PE20 2NX - £179,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

STANHOPE COTTAGE is a very small detached house of 41m², built sometime before 1900. It was last sold for £179,950 in March 2021, which was around 20% below the average March 2021 detached price in the Boston local authority area. The most recent EPC inspection was March 2012, where the current energy rating was F, and the potential energy rating was E.

STANHOPE COTTAGE Sold Prices

Land registry data shows six sales for STANHOPE COTTAGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the six STANHOPE COTTAGE 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
2021 12 MAR	£179,950	£224,144	20% below HPI
2018 30 APR	£147,000	£205,445	28% below HPI
2014 7 MAR	£131,000	£171,553	24% below HPI
2005 7 JAN	£133,000	£169,035	21% below HPI
1999 2 AUG	£44,000	£64,064	31% below HPI
1998 12 FEB	£39,000	£61,673	37% below HPI

STANHOPE COTTAGE 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 six STANHOPE COTTAGE sales between February 1998 and March 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 April 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is STANHOPE COTTAGE?

STANHOPE COTTAGE is 41m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Wigtoft, based on EPC data. The below chart shows the distribution of detached houses by size in Wigtoft, and where STANHOPE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than STANHOPE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wigtoft.

STANHOPE COTTAGE: Plot and Title Map

STANHOPE COTTAGE sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of STANHOPE COTTAGE, 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 STANHOPE COTTAGE). 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 STANHOPE COTTAGE?

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