47, Mill Lane
47, Mill Lane
Description & Estimates
According to the public record, 47, Mill Lane, Boston is a mid-century freehold house with 3,401 ft2 of internal area and sits on a 769 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Mill Lane, Boston is £411,889 and the estimated rental value is £1,699 per month.
Mill Lane, Butterwick, Boston, PE22 is located in the borough of Boston within the PE22 postal district.
Our Data Sources
47, Mill Lane, Boston has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated May 2019.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 47, Mill Lane, Boston is in very good condition we estimate a sale value of £432,483 and a rental value of £1,784 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £383,057 and a rental value of £1,580 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 47, Mill Lane, Boston has declined by £22,592 (5.5%), while its estimated rental value has climbed by £18 per month (1.0%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Plot Size
According to data from HM Land Registry, 47, Mill Lane, Boston sits on a plot of 769 m2.
We have plot size data on 7 out of 8 other houses in the postcode and 47, Mill Lane, Boston sits on the 4th largest plot.
Energy Efficiency
47, Mill Lane, Boston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
Sold Prices
According to HM Land Registry, 47, Mill Lane, Boston was last sold on 6th July 2023 for £425,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has dropped by 12.0%.
- Sold Jul 2023£425,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Mill Lane, Boston within a radius of 3.5 kilometres over the last 2 years.
The most recent example is The Sparks, Church Road, Boston, PE22 0NX, a freehold house which sold for £124,995 on the 28th September 2016.
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
Mill Lane, Butterwick, Boston, PE22 has a total of 25 addresses. According to our analysis of all the public data, 47, Mill Lane, Boston is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £171k more expensive than the average property in PE22.
More reading links
Schools Nearby
- 800mThe Butterwick Pinchbeck's Endowed CofE Primary School
- 3.7kmHawthorn Tree School
- 4.0kmFishtoft Academy
- 4.7kmBoston High School
- 5.2kmThe Giles Academy
- 5.7kmThe Boston Grammar School
More reading links
Public Transport Nearby
The closest station to 47, Mill Lane, Boston is Boston station, which is 6.2 kilometres away.
- 6.2kmBoston
- 11.5kmHubberts Bridge
- 16.7kmSwineshead
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
