16, THE SPIRES, SUTTERTON, BOSTON, PE20 2JB - £225,000

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

16 THE SPIRES is a very large extended detached house of 199m², built sometime between 2003 and 2006. It was last sold for £225,000 in April 2012, which was around 40% above the average April 2012 detached price in the Boston local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

16 THE SPIRES Sold Prices

Land registry data shows four sales for 16 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 16 THE SPIRES sales 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
2012 26 APR	£225,000	£160,858	40% above HPI
2009 23 FEB	£239,950	£152,694	57% above HPI
2006 7 AUG	£249,600	£174,277	43% above HPI
2003 9 DEC	£234,950	£148,982	58% above HPI

16 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 16 THE SPIRES sales between December 2003 and April 2012 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 February 2009 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the April 2012 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 16 THE SPIRES?

16 THE SPIRES is 199m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the largest 10% of detached houses in Sutterton, based on EPC data. The below chart shows the distribution of detached houses by size in Sutterton, and where 16 THE SPIRES lies on this distribution: 97% of detached houses are smaller than 16 THE SPIRES, and 3% of houses are larger. Note that EPC data is not available for all properties in Sutterton.

16 THE SPIRES: Plot and Title Map

16 THE SPIRES sits on a plot of roughly 0.245 of an acre, or 990m². The below map shows the location of 16 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 16 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 16 THE SPIRES?

16 THE SPIRES is located in SUTTERTON, in the PE20 postcode district. The below map shows the position of No. 16 on THE SPIRES.