THE BUNGALOW, CANISTER LANE, GIPSEY BRIDGE, BOSTON, PE22 7HD - £230,000

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

THE BUNGALOW is a small detached house of 98m², built sometime between 1930 and 1949. It was last sold for £230,000 in July 2019, which was around 6% above the average July 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows three sales for THE BUNGALOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three THE BUNGALOW 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
2019 26 JUL	£230,000	£216,879	6% above HPI
2013 21 NOV	£183,000	£165,133	11% above HPI
2001 14 AUG	£87,500	£83,628	5% above HPI

THE BUNGALOW 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 three THE BUNGALOW sales between August 2001 and July 2019 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 November 2013 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2019 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 98m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses in Gipsey Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Gipsey Bridge, and where THE BUNGALOW lies on this distribution: 29% of detached houses are smaller than THE BUNGALOW, and 67% of houses are larger. Note that EPC data is not available for all properties in Gipsey Bridge.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.380 of an acre, or 1,539m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on CANISTER LANE in GIPSEY BRIDGE, in the PE22 postcode district. The below map shows the position of THE BUNGALOW on CANISTER LANE.