15, THE SPIRES, SUTTERTON, BOSTON, PE20 2JB - £239,950

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 THE SPIRES is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £239,950 in September 2023, which was around 9% below the average September 2023 detached price in the Boston local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

15 THE SPIRES Sold Prices

Land registry data shows four sales for 15 THE SPIRES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the four 15 THE SPIRES 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
2023 1 SEP	£239,950	£263,278	9% below HPI
2019 30 APR	£194,000	£216,456	10% below HPI
2016 22 JUL	£164,950	£195,083	15% below HPI
2003 28 NOV	£103,995	£150,207	31% below HPI

15 THE SPIRES 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 four 15 THE SPIRES sales between November 2003 and September 2023 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 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 15 THE SPIRES?

15 THE SPIRES is 80m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Sutterton, based on EPC data. The below chart shows the distribution of detached houses by size in Sutterton, and where 15 THE SPIRES lies on this distribution: 16% of detached houses are smaller than 15 THE SPIRES, and 83% of houses are larger. Note that EPC data is not available for all properties in Sutterton.

15 THE SPIRES: Plot and Title Map

15 THE SPIRES sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 15 THE SPIRES, 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 THE SPIRES). 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 THE SPIRES?

15 THE SPIRES is located in SUTTERTON, in the PE20 postcode district. The below map shows the position of No. 15 on THE SPIRES.