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

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.

15 SPICE AVENUE is a large detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £182,150. It was last sold for £169,950 in November 2021, which was around 29% 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	£241,021	29% below HPI
1996 31 MAY	£48,500	£52,903	8% 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 15 SPICE AVENUE be worth now?

15 SPICE AVENUE might now be worth an estimated £182,150.

This is based on house price inflation of 7.2%, between November 2021 and March 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 7.2% inflationary increase is applied to the most recent sale price for 15 SPICE AVENUE of £169,950 on 8th November 2021. For the value to have increased from £169,950 to £182,150 over the four years and eight months to March 2025, the following assumptions must hold true:

• The value of 15 SPICE AVENUE has moved in line with the HPI for detached houses in the Boston local authority area.
• The November 2021 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 15 SPICE AVENUE has not materially changed since November 2021.

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 houses in Boston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boston, and where 15 SPICE AVENUE lies on this distribution: 64% of detached houses 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.