THE FIRS, BENINGTON ROAD, BUTTERWICK, BOSTON, PE22 0EX - £245,000

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 FIRS is a very large extended detached house of 195m², built sometime between 1996 and 2002. It was last sold for £245,000 in October 2018, which was around 16% above the average October 2018 detached price in the Boston local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

THE FIRS Sold Prices

Land registry data shows three sales for THE FIRS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the three THE FIRS 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
2018 17 OCT	£245,000	£211,110	16% above HPI
2017 13 APR	£225,000	£200,641	12% above HPI
2014 7 FEB	£247,500	£167,574	48% above HPI

THE FIRS 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 three THE FIRS sales between February 2014 and October 2018 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 2017 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2018 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is THE FIRS?

THE FIRS is 195m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 10% of detached houses in Butterwick, based on EPC data. The below chart shows the distribution of detached houses by size in Butterwick, and where THE FIRS lies on this distribution: 98% of detached houses are smaller than THE FIRS, and 2% of houses are larger. Note that EPC data is not available for all properties in Butterwick.

THE FIRS: Plot and Title Map

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

THE FIRS is located on BENINGTON ROAD in BUTTERWICK, in the PE22 postcode district. The below map shows the position of THE FIRS on BENINGTON ROAD.