THE LIONS, SLEAFORD ROAD, WIGTOFT, BOSTON, PE20 2NR - £125,000

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 LIONS is a very small extended detached house of 83m², built sometime between 1930 and 1949. It was last sold for £125,000 in May 2010, which was around 21% below the average May 2010 detached price in the Boston local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

THE LIONS Sold Prices

Land registry data shows two sales for THE LIONS 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 LIONS 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
2010 24 MAY	£125,000	£158,304	21% below HPI
2003 31 JUL	£112,500	£141,556	21% below HPI

THE LIONS 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 LIONS sales from July 2003 and May 2010 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 July 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2010 sale, which was also at 21% below the HPI.

How Large is THE LIONS?

THE LIONS is 83m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of detached houses in Wigtoft, based on EPC data. The below chart shows the distribution of detached houses by size in Wigtoft, and where THE LIONS lies on this distribution: 13% of detached houses are smaller than THE LIONS, and 87% of houses are larger. Note that EPC data is not available for all properties in Wigtoft.

THE LIONS: Plot and Title Map

THE LIONS sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of THE LIONS, 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 LIONS). 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 LIONS?

THE LIONS is located on SLEAFORD ROAD in WIGTOFT, in the PE20 postcode district. The below map shows the position of THE LIONS on SLEAFORD ROAD.