1, SPENCER GARDENS, BUTTERWICK, BOSTON, PE22 0XA - £205,000

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 SPENCER GARDENS is a large detached house of 105m², built sometime between 1996 and 2002. It was last sold for £205,000 in March 2016, which was around 10% above the average March 2016 detached price in the Boston local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

1 SPENCER GARDENS Sold Prices

Land registry data shows two sales for 1 SPENCER GARDENS 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 SPENCER GARDENS 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 4 MAR	£205,000	£186,485	10% above HPI
1999 7 APR	£79,950	£60,334	33% above HPI

1 SPENCER GARDENS 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 SPENCER GARDENS sales from April 1999 and March 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 April 1999 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2016 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 1 SPENCER GARDENS?

1 SPENCER GARDENS is 105m² according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of detached houses in Butterwick, based on EPC data. The below chart shows the distribution of detached houses by size in Butterwick, and where 1 SPENCER GARDENS lies on this distribution: 65% of detached houses are smaller than 1 SPENCER GARDENS, and 35% of houses are larger. Note that EPC data is not available for all properties in Butterwick.

1 SPENCER GARDENS: Plot and Title Map

1 SPENCER GARDENS sits on a plot of roughly 0.171 of an acre, or 690m². The below map shows the location of 1 SPENCER GARDENS, 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 SPENCER GARDENS). 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 SPENCER GARDENS?

1 SPENCER GARDENS is located in BUTTERWICK, in the PE22 postcode district. The below map shows the position of No. 1 on SPENCER GARDENS.