THE GRALEAS, HORBLING LANE, STICKNEY, BOSTON, PE22 8DG - £165,000

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 GRALEAS is a midsized extended detached house of 101m², built sometime between 2003 and 2006. It was last sold for £165,000 in October 2007, which was around 12% below the average October 2007 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was A.

THE GRALEAS Sold Prices

Land registry data shows three sales for THE GRALEAS 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. Two of the three THE GRALEAS sales were for below the average price, whilst one 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
2007 9 OCT	£165,000	£188,072	12% below HPI
2004 26 JAN	£150,000	£144,067	4% above HPI
1999 27 SEP	£57,000	£68,475	17% below HPI

THE GRALEAS 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 GRALEAS sales between September 1999 and October 2007 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 January 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2007 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is THE GRALEAS?

THE GRALEAS is 101m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 50% of detached houses in Stickney, based on EPC data. The below chart shows the distribution of detached houses by size in Stickney, and where THE GRALEAS lies on this distribution: 50% of detached houses are smaller than THE GRALEAS, and 50% of houses are larger. Note that EPC data is not available for all properties in Stickney.

THE GRALEAS: Plot and Title Map

THE GRALEAS sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of THE GRALEAS, 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 GRALEAS). 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 GRALEAS?

THE GRALEAS is located on HORBLING LANE in STICKNEY, in the PE22 postcode district. The below map shows the position of THE GRALEAS on HORBLING LANE.