2, Old Post Office Lane
2, Old Post Office Lane
Description & Estimates
Public records show 2, Old Post Office Lane, Boston to be an early-century freehold house with 861 ft2 of internal area, sitting on a 462 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Old Post Office Lane, Boston has an estimated sale value of £144,158 and an estimated rental value of £781 per month, assuming reasonable condition and based on the information available.
Old Post Office Lane, Butterwick, Boston, PE22 lies in the borough of Boston, within the PE22 postal district.
Our Data Sources
2, Old Post Office Lane, Boston has 31 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Old Post Office Lane, Boston would be worth £151,365, with a potential rental value of £820 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £134,067, with a rental value of £726 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Old Post Office Lane, Boston has moved down by £4,532 (3.1%) over the last year. During the same period, its estimated monthly rental value has increased by £25 (3.2%). The property's estimated gross yield is currently 6.5%.
Plot Size
2, Old Post Office Lane, Boston occupies a 462 m2 plot as recorded by HM Land Registry.
Of the 6 other houses in this postcode, 4 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
2, Old Post Office Lane, Boston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Old Post Office Lane, Boston last changed hands on 2nd February 2024, selling for £143,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 1.2% since February 2024.
- Sold Feb 2024£143,000
- Sold Oct 2014£127,500
- Sold Dec 1996£49,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.7 kilometres of 2, Old Post Office Lane, Boston across the last 2 years.
Most recently, 14, Pinchbeck Road, Boston, PE22 0HX, a freehold house, sold at £177,000 on the 15th March 2024.
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
Our analysis of the public data ranks 2, Old Post Office Lane, Boston as the 5th largest and the 5th most expensive of the 6 addresses on Old Post Office Lane, Butterwick, Boston, PE22.
Against the PE22 postcode district average, it is £97k less expensive than the typical property.
More reading links
Schools Nearby
- 600mThe Butterwick Pinchbeck's Endowed CofE Primary School
- 3.9kmFishtoft Academy
- 4.0kmHawthorn Tree School
- 5.2kmBoston High School
- 5.4kmThe Giles Academy
- 6.0kmThe Boston Grammar School
More reading links
Public Transport Nearby
Boston station is the nearest stop to 2, Old Post Office Lane, Boston at 6.6 kilometres away.
- 6.6kmBoston
- 11.9kmHubberts Bridge
- 17.1kmSwineshead
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
