15, SPICE AVENUE, BOSTON, PE21 7BQ - £169,950

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

15 SPICE AVENUE is a large detached house of 120m², built sometime between 1983 and 1990. It was last sold for £169,950 in November 2021, which was around 30% below the average November 2021 detached price in the Boston local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

15 SPICE AVENUE Sold Prices

Land registry data shows two sales for 15 SPICE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Boston local authority area for the corresponding sale date. Both of the two 15 SPICE AVENUE sales were 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 8 NOV	£169,950	£244,460	30% below HPI
1996 31 MAY	£48,500	£53,658	10% below HPI

15 SPICE AVENUE 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 two 15 SPICE AVENUE sales from May 1996 and November 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 May 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 15 SPICE AVENUE?

15 SPICE AVENUE is 120m² according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 15 SPICE AVENUE lies on this distribution: 64% of detached houses are smaller than 15 SPICE AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Boston.

15 SPICE AVENUE: Plot and Title Map

15 SPICE AVENUE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 15 SPICE AVENUE, 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 15 SPICE AVENUE). 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 15 SPICE AVENUE?

15 SPICE AVENUE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 15 on SPICE AVENUE.