1, WITHAM BANK EAST, BOSTON, PE21 9JU - £169,000

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 WITHAM BANK EAST is a very large detached house of 144m², built sometime between 1983 and 1990, which could now be worth an estimated £226,963. It was last sold for £169,000 in July 2015, which was around 11% below the average July 2015 detached price in the Boston local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

1 WITHAM BANK EAST Sold Prices

Land registry data shows three sales for 1 WITHAM BANK EAST 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. One of the three 1 WITHAM BANK EAST sales was for below the average price, whilst two 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
2015 3 JUL	£169,000	£189,170	11% below HPI
2012 5 APR	£229,950	£158,595	45% above HPI
1998 15 MAY	£89,950	£58,887	53% above HPI

1 WITHAM BANK EAST 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 WITHAM BANK EAST sales between May 1998 and July 2015 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 2012 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 WITHAM BANK EAST be worth now?

1 WITHAM BANK EAST might now be worth an estimated £226,963.

This is based on house price inflation of 34.3%, between July 2015 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 34.3% inflationary increase is applied to the most recent sale price for 1 WITHAM BANK EAST of £169,000 on 3rd July 2015. For the value to have increased from £169,000 to £226,963 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 1 WITHAM BANK EAST has moved in line with the HPI for detached houses in the Boston local authority area.
• The July 2015 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WITHAM BANK EAST has not materially changed since July 2015.

How Large is 1 WITHAM BANK EAST?

1 WITHAM BANK EAST is 144m² according to the EPC inspection conducted in May 2009. 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 WITHAM BANK EAST lies on this distribution: 82% of detached houses houses are smaller than 1 WITHAM BANK EAST, and 18% of houses are larger. Note that EPC data is not available for all properties in Boston.

1 WITHAM BANK EAST: Plot and Title Map

1 WITHAM BANK EAST sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of 1 WITHAM BANK EAST, 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 WITHAM BANK EAST). 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 WITHAM BANK EAST?

1 WITHAM BANK EAST is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 1 on WITHAM BANK EAST.