TREETOPS, MAIN ROAD, FRITHVILLE, BOSTON, PE22 7DT - £320,000

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

TREETOPS is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £320,000 in August 2024, which was around 20% above the average August 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was A.

TREETOPS Sold Prices

Land registry data shows three sales for TREETOPS 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 TREETOPS sales were for above the average price, whilst one 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
2024 5 AUG	£320,000	£266,578	20% above HPI
2011 2 DEC	£220,000	£164,498	34% above HPI
1998 23 OCT	£15,000	£64,551	77% below HPI

TREETOPS 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 TREETOPS sales between October 1998 and August 2024 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 December 2011 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2024 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is TREETOPS?

TREETOPS is 98m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses in Frithville, based on EPC data. The below chart shows the distribution of detached houses by size in Frithville, and where TREETOPS lies on this distribution: 31% of detached houses are smaller than TREETOPS, and 69% of houses are larger. Note that EPC data is not available for all properties in Frithville.

TREETOPS: Plot and Title Map

TREETOPS sits on a plot of roughly 0.246 of an acre, or 997m². The below map shows the location of TREETOPS, 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 TREETOPS). 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 TREETOPS?

TREETOPS is located on MAIN ROAD in FRITHVILLE, in the PE22 postcode district. The below map shows the position of TREETOPS on MAIN ROAD.