HONEYSUCKLE COTTAGE, CHAPEL LANE, SIBSEY, BOSTON, PE22 0SN - £200,000

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.

HONEYSUCKLE COTTAGE is a large extended detached house of 130m², built sometime before 1900, which could now be worth an estimated £251,037. It was last sold for £200,000 in May 2019, which was around 9% below the average May 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was B.

HONEYSUCKLE COTTAGE Sold Prices

Land registry data shows three sales for HONEYSUCKLE COTTAGE 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. The three HONEYSUCKLE COTTAGE sales were a mix of below the average price, roughly equal to the average price, and above 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
2019 30 MAY	£200,000	£219,835	9% below HPI
2000 25 AUG	£108,500	£76,716	41% above HPI
1998 20 NOV	£68,000	£68,272	Close to HPI

HONEYSUCKLE 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 three HONEYSUCKLE COTTAGE sales between November 1998 and May 2019 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 2000 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might HONEYSUCKLE COTTAGE be worth now?

HONEYSUCKLE COTTAGE might now be worth an estimated £251,037.

This is based on house price inflation of 25.5%, between May 2019 and August 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 25.5% inflationary increase is applied to the most recent sale price for HONEYSUCKLE COTTAGE of £200,000 on 30th May 2019. For the value to have increased from £200,000 to £251,037 over the five years and nine months to August 2025, the following assumptions must hold true:

• The value of HONEYSUCKLE COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2019 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of HONEYSUCKLE COTTAGE has not materially changed since May 2019.

How Large is HONEYSUCKLE COTTAGE?

HONEYSUCKLE COTTAGE is 130m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sibsey, and where HONEYSUCKLE COTTAGE lies on this distribution: 68% of detached houses houses are smaller than HONEYSUCKLE COTTAGE, and 31% of houses are larger. Note that EPC data is not available for all properties in Sibsey.

HONEYSUCKLE COTTAGE: Plot and Title Map

HONEYSUCKLE COTTAGE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of HONEYSUCKLE 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 HONEYSUCKLE 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 HONEYSUCKLE COTTAGE?

HONEYSUCKLE COTTAGE is located on CHAPEL LANE in SIBSEY, in the PE22 postcode district. The below map shows the position of HONEYSUCKLE COTTAGE on CHAPEL LANE.