THE ELMS, THORNIMANS LANE, FRAMPTON, BOSTON, PE20 1AJ - £420,000

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 ELMS is a large detached house of 158m², built sometime before 1900. It was last sold for £420,000 in March 2021, which was around 87% above the average March 2021 detached price in the Boston local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was C.

THE ELMS Sold Prices

Land registry data shows two sales for THE ELMS 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 ELMS 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
2021 26 MAR	£420,000	£224,144	87% above HPI
2010 11 NOV	£207,000	£169,877	22% above HPI

THE ELMS 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 ELMS sales from November 2010 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 November 2010 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2021 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is THE ELMS?

THE ELMS is 158m² according to the EPC inspection conducted in October 2020. This puts it in the largest 40% of detached houses in Frampton, based on EPC data. The below chart shows the distribution of detached houses by size in Frampton, and where THE ELMS lies on this distribution: 60% of detached houses are smaller than THE ELMS, and 40% of houses are larger. Note that EPC data is not available for all properties in Frampton.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.242 of an acre, or 978m². The below map shows the location of THE ELMS, 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 ELMS). 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 ELMS?

THE ELMS is located on THORNIMANS LANE in FRAMPTON, in the PE20 postcode district. The below map shows the position of THE ELMS on THORNIMANS LANE.