1, THREEPENNY WAY, BOSTON, PE21 7LZ - £223,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THREEPENNY WAY is a very large detached house of 174m², which could now be worth an estimated £280,735. It was last sold for £223,000 in May 2018, which was around 11% above the average May 2018 detached price in the Boston local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

1 THREEPENNY WAY Sold Prices

Land registry data shows two sales for 1 THREEPENNY 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 THREEPENNY 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
2018 25 MAY	£223,000	£201,804	11% above HPI
2010 24 JUN	£228,000	£160,740	42% above HPI

1 THREEPENNY 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 THREEPENNY WAY sales from June 2010 and May 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 June 2010 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the May 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 1 THREEPENNY WAY be worth now?

1 THREEPENNY WAY might now be worth an estimated £280,735.

This is based on house price inflation of 25.9%, between May 2018 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 25.9% inflationary increase is applied to the most recent sale price for 1 THREEPENNY WAY of £223,000 on 25th May 2018. For the value to have increased from £223,000 to £280,735 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 1 THREEPENNY WAY has moved in line with the HPI for detached houses in the Boston local authority area.
• The May 2018 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THREEPENNY WAY has not materially changed since May 2018.

How Large is 1 THREEPENNY WAY?

1 THREEPENNY WAY is 174m² according to the EPC inspection conducted in March 2009. This puts it in the largest 10% 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 THREEPENNY WAY lies on this distribution: 91% of detached houses houses are smaller than 1 THREEPENNY WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Boston.

1 THREEPENNY WAY: Plot and Title Map

1 THREEPENNY WAY sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 1 THREEPENNY 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 THREEPENNY 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 THREEPENNY WAY?

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