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

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 TOWER ROAD is a very large detached house of 163m², built sometime before 1900. It was last sold for £275,000 in July 2019, which was around 24% 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	£221,342	24% above HPI
2015 28 AUG	£262,000	£192,085	36% above HPI
2004 4 JUN	£247,500	£154,925	60% above HPI
1999 20 DEC	£115,000	£64,183	79% 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 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2019 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

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 in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 16 TOWER ROAD lies on this distribution: 88% of detached 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.