WESTMEAD, WEST FEN DRAINSIDE, FRITHVILLE, BOSTON, PE22 7EU - £135,000

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

WESTMEAD is a small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £135,000 in August 2022, which was around 51% below the average August 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was A.

WESTMEAD Sold Prices

Land registry data shows two sales for WESTMEAD 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 WESTMEAD 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
2022 1 AUG	£135,000	£275,687	51% below HPI
2008 11 JAN	£64,000	£183,372	65% below HPI

WESTMEAD 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 WESTMEAD sales from January 2008 and August 2022 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 January 2008 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the August 2022 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is WESTMEAD?

WESTMEAD is 93m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses in Frithville, based on EPC data. The below chart shows the distribution of detached houses by size in Frithville, and where WESTMEAD lies on this distribution: 23% of detached houses are smaller than WESTMEAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Frithville.

WESTMEAD: Plot and Title Map

WESTMEAD sits on a plot of roughly 0.232 of an acre, or 939m². The below map shows the location of WESTMEAD, 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 WESTMEAD). 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 WESTMEAD?

WESTMEAD is located on WEST FEN DRAINSIDE in FRITHVILLE, in the PE22 postcode district. The below map shows the position of WESTMEAD on WEST FEN DRAINSIDE.