THE HOUSE, CHURCH LANE, WRANGLE, BOSTON, PE22 9EP - £330,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE HOUSE is a very large extended detached house of 240m², built sometime from 2007 onwards, which could now be worth an estimated £405,850. It was last sold for £330,000 in February 2019, which was around 60% above the average February 2019 detached price in the Boston local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

THE HOUSE Sold Prices

Land registry data shows two sales for THE HOUSE 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. One of the two THE HOUSE sales was for above the average price, whilst the other was 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
2019 20 FEB	£330,000	£206,571	60% above HPI
2008 31 MAR	£140,000	£178,963	22% below HPI

THE HOUSE 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 HOUSE sales from March 2008 and February 2019 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 March 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2019 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might THE HOUSE be worth now?

THE HOUSE might now be worth an estimated £405,850.

This is based on house price inflation of 23%, between February 2019 and February 2025, for detached houses, in the Boston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23% inflationary increase is applied to the most recent sale price for THE HOUSE of £330,000 on 20th February 2019. For the value to have increased from £330,000 to £405,850 over the six years to February 2025, the following assumptions must hold true:

• The value of THE HOUSE has moved in line with the HPI for detached houses in the Boston local authority area.
• The February 2019 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of THE HOUSE has not materially changed since February 2019.

How Large is THE HOUSE?

THE HOUSE is 240m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 10% of detached houses houses in Wrangle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wrangle, and where THE HOUSE lies on this distribution: 93% of detached houses houses are smaller than THE HOUSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Wrangle.

THE HOUSE: Plot and Title Map

THE HOUSE sits on a plot of roughly 0.275 of an acre, or 1,113m². The below map shows the location of THE HOUSE, 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 HOUSE). 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 HOUSE?

THE HOUSE is located on CHURCH LANE in WRANGLE, in the PE22 postcode district. The below map shows the position of THE HOUSE on CHURCH LANE.