10, THE SPIRES, SUTTERTON, BOSTON, PE20 2JB - £240,000

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

10 THE SPIRES is a midsized extended detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £274,878. It was last sold for £240,000 in January 2021, which was around 9% above the average January 2021 detached price in the Boston local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was A.

10 THE SPIRES Sold Prices

Land registry data shows five sales for 10 THE SPIRES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Boston local authority area for the corresponding sale date. Most of the five 10 THE SPIRES 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
2021 25 JAN	£240,000	£220,445	9% above HPI
2013 25 JAN	£179,000	£157,735	13% above HPI
2010 9 DEC	£176,000	£160,517	10% above HPI
2006 18 DEC	£175,500	£176,700	1% below HPI
2003 12 DEC	£150,000	£146,886	2% above HPI

10 THE SPIRES 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 five 10 THE SPIRES sales between December 2003 and January 2021 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 2013 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 10 THE SPIRES be worth now?

10 THE SPIRES might now be worth an estimated £274,878.

This is based on house price inflation of 14.5%, between January 2021 and December 2024, 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 14.5% inflationary increase is applied to the most recent sale price for 10 THE SPIRES of £240,000 on 25th January 2021. For the value to have increased from £240,000 to £274,878 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 10 THE SPIRES has moved in line with the HPI for detached houses in the Boston local authority area.
• The January 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE SPIRES has not materially changed since January 2021.

How Large is 10 THE SPIRES?

10 THE SPIRES is 109m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the largest 50% of detached houses houses in Sutterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sutterton, and where 10 THE SPIRES lies on this distribution: 54% of detached houses houses are smaller than 10 THE SPIRES, and 46% of houses are larger. Note that EPC data is not available for all properties in Sutterton.

10 THE SPIRES: Plot and Title Map

10 THE SPIRES sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 10 THE SPIRES, 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 10 THE SPIRES). 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 10 THE SPIRES?

10 THE SPIRES is located in SUTTERTON, in the PE20 postcode district. The below map shows the position of No. 10 on THE SPIRES.