THE HAVEN, CHAPEL LANE, SIBSEY, BOSTON, PE22 0SN - £110,000

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 HAVEN is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £110,000 in May 2009, which was around 31% below the average May 2009 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

THE HAVEN Sold Prices

Land registry data shows three sales for THE HAVEN 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. All of the three THE HAVEN 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
2009 15 MAY	£110,000	£159,196	31% below HPI
1999 5 AUG	£59,000	£67,835	13% below HPI
1998 5 JUN	£48,000	£62,599	23% below HPI

THE HAVEN 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 HAVEN sales between June 1998 and May 2009 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 August 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2009 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is THE HAVEN?

THE HAVEN is 113m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 50% of detached houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses by size in Sibsey, and where THE HAVEN lies on this distribution: 49% of detached houses are smaller than THE HAVEN, and 50% of houses are larger. Note that EPC data is not available for all properties in Sibsey.

THE HAVEN: Plot and Title Map

THE HAVEN sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of THE HAVEN, 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 HAVEN). 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 HAVEN?

THE HAVEN is located on CHAPEL LANE in SIBSEY, in the PE22 postcode district. The below map shows the position of THE HAVEN on CHAPEL LANE.