40, School Lane
40, School Lane
Description & Estimates
Public records show 40, School Lane, Boston to be a mid-century freehold house with 2,400 ft2 of internal area.
In this area, houses of this size normally have 5 bedrooms with a garden.
40, School Lane, Boston has an estimated sale value of £328,982 and an estimated rental value of £1,412 per month, assuming reasonable condition and based on the information available.
School Lane, Old Leake, Boston, PE22 lies in the borough of Boston, within the PE22 postal district.
Our Data Sources
40, School Lane, Boston has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated October 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, School Lane, Boston would be worth £345,431, with a potential rental value of £1,483 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £305,953, with a rental value of £1,313 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 40, School Lane, Boston has moved down by £18,045 (5.5%) over the last year. During the same period, its estimated monthly rental value has increased by £15 (1.0%). The property's estimated gross yield is currently 5.2%.
Energy Efficiency
40, School Lane, Boston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Oct 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
40, School Lane, Boston last changed hands on 4th August 2023, selling for £525,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 6.3% since August 2023.
- Sold Aug 2023£525,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.0 kilometres of 40, School Lane, Boston across the last 2 years.
Most recently, 4, Giles Close, Boston, PE22 9NN, a freehold house, sold at £415,000 on the 24th November 2023.
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 40, School Lane, Boston as the 2nd largest and the 2nd most expensive of the 37 addresses on School Lane, Old Leake, Boston, PE22.
Against the PE22 postcode district average, it is £88k more expensive than the typical property.
More reading links
Schools Nearby
- 400mOld Leake Primary Academy
- 3.1kmWrangle Primary Academy
- 5.4kmThe Sibsey Free Primary School
- 200mThe Giles Academy
- 8.5kmBoston High School
- 9.1kmWilliam Lovell Church of England Academy
More reading links
Public Transport Nearby
Boston station is the nearest stop to 40, School Lane, Boston at 10.3 kilometres away.
- 10.3kmBoston
- 12.4kmThorpe Culvert
- 12.5kmWainfleet
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
