WOLDS REACH, WEST FEN LANE, STICKNEY, BOSTON, PE22 8BD - £193,000

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.

WOLDS REACH is a small detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £273,187. It was last sold for £193,000 in February 2017, which was around 5% below the average February 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

WOLDS REACH Sold Prices

Land registry data shows three sales for WOLDS REACH 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. All of the three WOLDS REACH 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
2017 24 FEB	£193,000	£202,230	5% below HPI
2006 18 AUG	£150,000	£179,551	16% below HPI
2002 5 JUL	£95,000	£102,997	8% below HPI

WOLDS REACH 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 WOLDS REACH sales between July 2002 and February 2017 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 August 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might WOLDS REACH be worth now?

WOLDS REACH might now be worth an estimated £273,187.

This is based on house price inflation of 41.5%, between February 2017 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.5% inflationary increase is applied to the most recent sale price for WOLDS REACH of £193,000 on 24th February 2017. For the value to have increased from £193,000 to £273,187 over the eight years to February 2025, the following assumptions must hold true:

• The value of WOLDS REACH has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2017 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of WOLDS REACH has not materially changed since February 2017.

How Large is WOLDS REACH?

WOLDS REACH is 81m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses houses in Stickney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stickney, and where WOLDS REACH lies on this distribution: 23% of detached houses houses are smaller than WOLDS REACH, and 76% of houses are larger. Note that EPC data is not available for all properties in Stickney.

WOLDS REACH: Plot and Title Map

WOLDS REACH sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of WOLDS REACH, 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 WOLDS REACH). 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 WOLDS REACH?

WOLDS REACH is located on WEST FEN LANE in STICKNEY, in the PE22 postcode district. The below map shows the position of WOLDS REACH on WEST FEN LANE.