16, TOWER ROAD, BOSTON, PE21 9AD - £275,000

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.

16 TOWER ROAD is a very large detached house of 163m², built sometime before 1900, which could now be worth an estimated £320,142. It was last sold for £275,000 in July 2019, which was around 26% above the average July 2019 detached price in the Boston local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

16 TOWER ROAD Sold Prices

Land registry data shows four sales for 16 TOWER ROAD 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 TOWER ROAD 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
2019 15 JUL	£275,000	£218,228	26% above HPI
2015 28 AUG	£262,000	£189,383	38% above HPI
2004 4 JUN	£247,500	£152,746	62% above HPI
1999 20 DEC	£115,000	£63,280	82% above HPI

16 TOWER ROAD 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 TOWER ROAD sales between December 1999 and July 2019 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 2015 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the July 2019 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 16 TOWER ROAD be worth now?

16 TOWER ROAD might now be worth an estimated £320,142.

This is based on house price inflation of 16.4%, between July 2019 and February 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 16.4% inflationary increase is applied to the most recent sale price for 16 TOWER ROAD of £275,000 on 15th July 2019. For the value to have increased from £275,000 to £320,142 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 16 TOWER ROAD has moved in line with the HPI for detached houses in the Boston local authority area.
• The July 2019 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 16 TOWER ROAD has not materially changed since July 2019.

How Large is 16 TOWER ROAD?

16 TOWER ROAD is 163m² according to the EPC inspection conducted in July 2018. This puts it in the largest 20% 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 16 TOWER ROAD lies on this distribution: 88% of detached houses houses are smaller than 16 TOWER ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Boston.

16 TOWER ROAD: Plot and Title Map

16 TOWER ROAD sits on a plot of roughly 0.314 of an acre, or 1,272m². The below map shows the location of 16 TOWER ROAD, 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 TOWER ROAD). 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 TOWER ROAD?

16 TOWER ROAD is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 16 on TOWER ROAD.