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
14 SOMERSBY WAY is a small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £190,000 in September 2020, which was around 14% below the average September 2020 detached price in the Boston local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 14 SOMERSBY WAY since 1st 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 14 SOMERSBY WAY 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 |
---|---|---|---|
2020 29 SEP | £190,000 | £220,396 | 14% below HPI |
2018 29 OCT | £215,000 | £211,110 | 2% above HPI |
2007 17 AUG | £195,000 | £187,025 | 4% above HPI |
The below graph shows the average detached house price in the Boston local authority area over time, sourced from the HPI. The three 14 SOMERSBY WAY sales between August 2007 and September 2020 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 October 2018 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
14 SOMERSBY WAY is 87m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 14 SOMERSBY WAY lies on this distribution: 28% of detached houses are smaller than 14 SOMERSBY WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Boston.
14 SOMERSBY WAY sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 14 SOMERSBY 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 14 SOMERSBY 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.
14 SOMERSBY WAY is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 14 on SOMERSBY WAY.