1, RALPHS LANE, WYBERTON, BOSTON, PE21 7AX - £240,000

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 RALPHS LANE is a midsized extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £240,000 in January 2023, which was around 8% below the average January 2023 detached price in the Boston local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

1 RALPHS LANE Sold Prices

Land registry data shows three sales for 1 RALPHS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Boston local authority area for the corresponding sale date. Two of the three 1 RALPHS LANE sales were for below the average price, whilst one was for above 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
2023 23 JAN	£240,000	£262,291	8% below HPI
2020 31 JAN	£159,000	£209,882	24% below HPI
1999 1 DEC	£72,000	£64,183	12% above HPI

1 RALPHS LANE 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 three 1 RALPHS LANE sales between December 1999 and January 2023 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 January 2020 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 1 RALPHS LANE?

1 RALPHS LANE is 100m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 1 RALPHS LANE lies on this distribution: 44% of detached houses are smaller than 1 RALPHS LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Boston.

1 RALPHS LANE: Plot and Title Map

1 RALPHS LANE sits on a plot of roughly 0.191 of an acre, or 774m². The below map shows the location of 1 RALPHS LANE, 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 RALPHS LANE). 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 1 RALPHS LANE?

1 RALPHS LANE is located in WYBERTON, in the PE21 postcode district. The below map shows the position of No. 1 on RALPHS LANE.