18, SPICE AVENUE, BOSTON, PE21 7BQ - £162,500

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

18 SPICE AVENUE is a midsized extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £162,500 in July 2017, which was around 20% below the average July 2017 detached price in the Boston local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

18 SPICE AVENUE Sold Prices

Land registry data shows two sales for 18 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 18 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
2017 28 JUL	£162,500	£203,541	20% below HPI
2003 29 JUL	£133,000	£141,556	6% below HPI

18 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 18 SPICE AVENUE sales from July 2003 and July 2017 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 July 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 18 SPICE AVENUE?

18 SPICE AVENUE is 99m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 18 SPICE AVENUE lies on this distribution: 43% of detached houses are smaller than 18 SPICE AVENUE, and 56% of houses are larger. Note that EPC data is not available for all properties in Boston.

18 SPICE AVENUE: Plot and Title Map

18 SPICE AVENUE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 18 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 18 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 18 SPICE AVENUE?

18 SPICE AVENUE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 18 on SPICE AVENUE.