THE COTTINGS, WAINFLEET ROAD, BOSTON, PE21 9RN - £161,000

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 COTTINGS is a small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £161,000 in November 2020, which was around 27% below the average November 2020 detached price in the Boston local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

THE COTTINGS Sold Prices

Land registry data shows two sales for THE COTTINGS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Boston local authority area for the corresponding sale date. Both of the two THE COTTINGS 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
2020 6 NOV	£161,000	£219,158	27% below HPI
2001 25 JUL	£78,000	£84,231	7% below HPI

THE COTTINGS 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 two THE COTTINGS sales from July 2001 and November 2020 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is THE COTTINGS?

THE COTTINGS is 86m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where THE COTTINGS lies on this distribution: 27% of detached houses are smaller than THE COTTINGS, and 72% of houses are larger. Note that EPC data is not available for all properties in Boston.

THE COTTINGS: Plot and Title Map

THE COTTINGS sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of THE COTTINGS, 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 COTTINGS). 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 COTTINGS?

THE COTTINGS is located on WAINFLEET ROAD in BOSTON, in the PE21 postcode district. The below map shows the position of THE COTTINGS on WAINFLEET ROAD.