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

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.

STANHOPE COTTAGE is a very small detached house of 41m², built sometime before 1900, which could now be worth an estimated £206,871. It was last sold for £179,950 in March 2021, which was around 19% 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	£220,990	19% below HPI
2018 30 APR	£147,000	£202,554	27% below HPI
2014 7 MAR	£131,000	£169,140	23% below HPI
2005 7 JAN	£133,000	£166,657	20% below HPI
1999 2 AUG	£44,000	£63,163	30% below HPI
1998 12 FEB	£39,000	£60,805	36% 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might STANHOPE COTTAGE be worth now?

STANHOPE COTTAGE might now be worth an estimated £206,871.

This is based on house price inflation of 15%, between March 2021 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 15% inflationary increase is applied to the most recent sale price for STANHOPE COTTAGE of £179,950 on 12th March 2021. For the value to have increased from £179,950 to £206,871 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of STANHOPE COTTAGE has moved in line with the HPI for detached houses in the Boston local authority area.
• The March 2021 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of STANHOPE COTTAGE has not materially changed since March 2021.

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 houses in Wigtoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigtoft, and where STANHOPE COTTAGE lies on this distribution: Less than 1% of detached houses 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.