Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 MEADOW BANK is a very small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £150,000 in January 2017, which was around 22% below the average January 2017 detached price in the Boston local authority area. The most recent EPC inspection was February 2010, where the current energy rating was F, and the potential energy rating was D.
Land registry data shows six sales for 1 MEADOW BANK since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the six 1 MEADOW BANK 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 |
---|---|---|---|
2017 26 JAN | £150,000 | £192,630 | 22% below HPI |
2007 22 OCT | £140,000 | £190,682 | 27% below HPI |
2000 27 OCT | £64,000 | £75,861 | 16% below HPI |
1998 11 SEP | £11,000 | £60,475 | 82% below HPI |
1996 2 AUG | £40,000 | £52,133 | 23% below HPI |
1996 24 MAY | £48,000 | £53,658 | 11% below HPI |
The below graph shows the average detached house price in the Boston local authority area over time, sourced from the HPI. The six 1 MEADOW BANK sales between May 1996 and January 2017 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 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2017 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
1 MEADOW BANK is 81m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of detached houses in Leverton, based on EPC data. The below chart shows the distribution of detached houses by size in Leverton, and where 1 MEADOW BANK lies on this distribution: 11% of detached houses are smaller than 1 MEADOW BANK, and 89% of houses are larger. Note that EPC data is not available for all properties in Leverton.
1 MEADOW BANK sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of 1 MEADOW BANK, 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 1 MEADOW BANK). 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.
1 MEADOW BANK is located in LEVERTON, in the PE22 postcode district. The below map shows the position of No. 1 on MEADOW BANK.