THE NEW BUNGALOW, LEAGATE ROAD, TUMBY, BOSTON, PE22 7SY - £145,000

THE NEW BUNGALOW is a small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £145,000 in April 2019, which was around 34% below the average April 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

THE NEW BUNGALOW Sold Prices

Land registry data shows two sales for THE NEW BUNGALOW 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 THE NEW BUNGALOW 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
2019 5 APR	£145,000	£220,042	34% below HPI
2015 3 AUG	£125,000	£184,958	32% below HPI

THE NEW BUNGALOW 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 THE NEW BUNGALOW sales from August 2015 and April 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 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is THE NEW BUNGALOW?

THE NEW BUNGALOW is 87m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses in Coningsby, based on EPC data. The below chart shows the distribution of detached houses by size in Coningsby, and where THE NEW BUNGALOW lies on this distribution: 31% of detached houses are smaller than THE NEW BUNGALOW, and 68% of houses are larger. Note that EPC data is not available for all properties in Coningsby.

THE NEW BUNGALOW: Plot and Title Map

THE NEW BUNGALOW sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of THE NEW BUNGALOW, 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 THE NEW BUNGALOW). 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 THE NEW BUNGALOW?

THE NEW BUNGALOW is located on LEAGATE ROAD in TUMBY, in the PE22 postcode district. The below map shows the position of THE NEW BUNGALOW on LEAGATE ROAD.