1, SOMERSBY WAY, BOSTON, PE21 9PQ - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SOMERSBY WAY is a very large detached house of 160m², built sometime between 1976 and 1982, which could now be worth an estimated £410,977. It was last sold for £300,000 in February 2016, which was around 62% above the average February 2016 detached price in the Boston local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

1 SOMERSBY WAY Sold Prices

Land registry data shows two sales for 1 SOMERSBY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Boston local authority area for the corresponding sale date. Both of the two 1 SOMERSBY WAY sales were 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
2016 8 FEB	£300,000	£185,449	62% above HPI
2008 10 JAN	£385,000	£188,012	105% above HPI

1 SOMERSBY WAY 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 two 1 SOMERSBY WAY sales from January 2008 and February 2016 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 2008 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the February 2016 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 1 SOMERSBY WAY be worth now?

1 SOMERSBY WAY might now be worth an estimated £410,977.

This is based on house price inflation of 37%, between February 2016 and February 2025, for detached houses, in the Boston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37% inflationary increase is applied to the most recent sale price for 1 SOMERSBY WAY of £300,000 on 8th February 2016. For the value to have increased from £300,000 to £410,977 over the nine years to February 2025, the following assumptions must hold true:

• The value of 1 SOMERSBY WAY has moved in line with the HPI for detached houses in the Boston local authority area.
• The February 2016 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SOMERSBY WAY has not materially changed since February 2016.

How Large is 1 SOMERSBY WAY?

1 SOMERSBY WAY is 160m² according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses houses in Boston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boston, and where 1 SOMERSBY WAY lies on this distribution: 87% of detached houses houses are smaller than 1 SOMERSBY WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Boston.

1 SOMERSBY WAY: Plot and Title Map

1 SOMERSBY WAY sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of 1 SOMERSBY WAY, 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 SOMERSBY WAY). 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 SOMERSBY WAY?

1 SOMERSBY WAY is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 1 on SOMERSBY WAY.