2 Lodge Cottage, Boston
2 Lodge Cottage, Boston
Description & Estimates
2 Lodge Cottage, Boston is recorded publicly as a period freehold house across 818 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2 Lodge Cottage, Boston is £181,076 and its rental estimate is £836 per month, given the available information and assuming reasonable condition.
Main Road, Wrangle, Boston, PE22 falls within the PE22 postal district, in the borough of Boston.
Our Data Sources
2 Lodge Cottage, Boston has 41 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated January 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2 Lodge Cottage, Boston, we estimate a market value of £190,130 and a rental value of £878 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £168,401 and £778 per month respectively.
Recent Market Change
Over the last year, 2 Lodge Cottage, Boston has seen its estimated sale value drop by £5,692 (3.1%) and its estimated rental value rise by £27 per month (3.2%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
2 Lodge Cottage, Boston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Jan 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 2 Lodge Cottage, Boston completed on 17th July 2023 at £118,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 15.8% over the period since July 2023.
- Sold Jul 2023£118,000
- Sold Oct 2021£155,000
- Sold Jul 2004£95,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Lodge Cottage, Boston have sold within a radius of 5.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th October 2024, was 10, Mel Marshall Way, Boston, PE22 9AL, a freehold house which sold for £181,250.
Read more about house prices in PE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 129 addresses on Main Road, Wrangle, Boston, PE22, 2 Lodge Cottage, Boston comes out as the 107th largest and the 106th most expensive in our analysis of the public data.
It is also £60k less expensive than the average property across the PE22 district.
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Schools Nearby
- 1.2kmWrangle Primary Academy
- 1.5kmOld Leake Primary Academy
- 5.8kmFriskney All Saints Church of England Primary School
- 1.7kmThe Giles Academy
- 9.8kmWilliam Lovell Church of England Academy
- 10.3kmBoston High School
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Public Transport Nearby
From 2 Lodge Cottage, Boston, the nearest station is Wainfleet, 10.7 kilometres away.
- 10.7kmWainfleet
- 10.9kmThorpe Culvert
- 12.1kmBoston
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
