11, MARGARET DRIVE, BOSTON, PE21 9AN - £245,000

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.

11 MARGARET DRIVE is a large extended detached house of 139m², built sometime between 1967 and 1975, which could now be worth an estimated £270,940. It was last sold for £245,000 in August 2021, which was around 7% above the average August 2021 detached price in the Boston local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

11 MARGARET DRIVE Sold Prices

Land registry data shows three sales for 11 MARGARET DRIVE 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. Two of the three 11 MARGARET DRIVE sales were for above the average price, whilst one was for below 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 20 AUG	£245,000	£229,728	7% above HPI
2008 4 APR	£175,000	£178,372	2% below HPI
1999 10 NOV	£76,000	£64,914	17% above HPI

11 MARGARET DRIVE 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 11 MARGARET DRIVE sales between November 1999 and August 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 April 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 11 MARGARET DRIVE be worth now?

11 MARGARET DRIVE might now be worth an estimated £270,940.

This is based on house price inflation of 10.6%, between August 2021 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 10.6% inflationary increase is applied to the most recent sale price for 11 MARGARET DRIVE of £245,000 on 20th August 2021. For the value to have increased from £245,000 to £270,940 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 11 MARGARET DRIVE has moved in line with the HPI for detached houses in the Boston local authority area.
• The August 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MARGARET DRIVE has not materially changed since August 2021.

How Large is 11 MARGARET DRIVE?

11 MARGARET DRIVE is 139m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 30% 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 11 MARGARET DRIVE lies on this distribution: 78% of detached houses houses are smaller than 11 MARGARET DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Boston.

11 MARGARET DRIVE: Plot and Title Map

11 MARGARET DRIVE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 11 MARGARET DRIVE, 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 11 MARGARET DRIVE). 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 11 MARGARET DRIVE?

11 MARGARET DRIVE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 11 on MARGARET DRIVE.