THE BUNGALOW, HALE LANE, FRITHVILLE, BOSTON, PE22 7EE - £214,000

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 very small detached house of 88m², built sometime between 1991 and 1995. It was last sold for £214,000 in August 2023, which was around 24% below the average August 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW 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 THE BUNGALOW sales was for below the average price, whilst the other was 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
2023 18 AUG	£214,000	£281,984	24% below HPI
2001 13 JUL	£106,000	£80,837	31% 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 two THE BUNGALOW sales from July 2001 and August 2023 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 2001 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 88m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Frithville, based on EPC data. The below chart shows the distribution of detached houses by size in Frithville, and where THE BUNGALOW lies on this distribution: 12% of detached houses are smaller than THE BUNGALOW, and 88% of houses are larger. Note that EPC data is not available for all properties in Frithville.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.168 of an acre, or 679m². 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 HALE LANE in FRITHVILLE, in the PE22 postcode district. The below map shows the position of THE BUNGALOW on HALE LANE.