14, SPENCER GARDENS, BUTTERWICK, BOSTON, PE22 0XA - £175,000

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 SPENCER GARDENS is a small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £175,000 in March 2013, which was around 14% above the average March 2013 detached price in the Boston local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

14 SPENCER GARDENS Sold Prices

Land registry data shows three sales for 14 SPENCER GARDENS 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 14 SPENCER GARDENS 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
2013 18 MAR	£175,000	£153,592	14% above HPI
2003 6 AUG	£140,000	£144,282	3% below HPI
1998 4 DEC	£63,950	£62,002	3% above HPI

14 SPENCER GARDENS 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 14 SPENCER GARDENS sales between December 1998 and March 2013 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 August 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2013 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 14 SPENCER GARDENS?

14 SPENCER GARDENS is 88m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses in Butterwick, based on EPC data. The below chart shows the distribution of detached houses by size in Butterwick, and where 14 SPENCER GARDENS lies on this distribution: 37% of detached houses are smaller than 14 SPENCER GARDENS, and 63% of houses are larger. Note that EPC data is not available for all properties in Butterwick.

14 SPENCER GARDENS: Plot and Title Map

14 SPENCER GARDENS sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 14 SPENCER GARDENS, 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 SPENCER GARDENS). 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 14 SPENCER GARDENS?

14 SPENCER GARDENS is located in BUTTERWICK, in the PE22 postcode district. The below map shows the position of No. 14 on SPENCER GARDENS.