VERE COTTAGE, MAIN ROAD, STICKNEY, BOSTON, PE22 8EE - £140,000

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

VERE COTTAGE is a very large extended detached house of 169m², built sometime before 1900. It was last sold for £140,000 in December 2020, which was around 40% below the average December 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was D.

VERE COTTAGE Sold Prices

Land registry data shows two sales for VERE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two VERE COTTAGE 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
2020 4 DEC	£140,000	£233,083	40% below HPI
1996 22 JUL	£30,000	£56,877	47% below HPI

VERE COTTAGE 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 two VERE COTTAGE sales from July 1996 and December 2020 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 1996 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2020 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is VERE COTTAGE?

VERE COTTAGE is 169m², which includes four extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 10% of detached houses in Stickney, based on EPC data. The below chart shows the distribution of detached houses by size in Stickney, and where VERE COTTAGE lies on this distribution: 90% of detached houses are smaller than VERE COTTAGE, and 10% of houses are larger. Note that EPC data is not available for all properties in Stickney.

VERE COTTAGE: Plot and Title Map

VERE COTTAGE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of VERE COTTAGE, 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 VERE COTTAGE). 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 VERE COTTAGE?

VERE COTTAGE is located on MAIN ROAD in STICKNEY, in the PE22 postcode district. The below map shows the position of VERE COTTAGE on MAIN ROAD.