7, SOUTH TERRACE, BOSTON, PE21 6BA - £125,000

7 SOUTH TERRACE is a large extended detached house of 121m², built sometime before 1900. It was last sold for £125,000 in April 2018, which was around 39% below the average April 2018 detached price in the Boston local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was B.

7 SOUTH TERRACE Sold Prices

Land registry data shows five sales for 7 SOUTH TERRACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the five 7 SOUTH TERRACE 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
2018 24 APR	£125,000	£205,445	39% below HPI
2006 2 OCT	£155,000	£178,093	13% below HPI
2003 17 OCT	£120,000	£148,266	19% below HPI
2002 20 DEC	£99,950	£115,144	13% below HPI
1998 26 AUG	£47,950	£62,019	23% below HPI

7 SOUTH TERRACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Boston local authority area over time, sourced from the HPI. The five 7 SOUTH TERRACE sales between August 1998 and April 2018 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 October 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2018 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 7 SOUTH TERRACE?

7 SOUTH TERRACE is 121m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 7 SOUTH TERRACE lies on this distribution: 65% of detached houses are smaller than 7 SOUTH TERRACE, and 34% of houses are larger. Note that EPC data is not available for all properties in Boston.

7 SOUTH TERRACE: Plot and Title Map

7 SOUTH TERRACE sits on a plot of roughly 0.023 of an acre, or 95m². The below map shows the location of 7 SOUTH TERRACE, 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 7 SOUTH TERRACE). 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 7 SOUTH TERRACE?

7 SOUTH TERRACE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 7 on SOUTH TERRACE.