2, COMMON ROAD, WRANGLE, BOSTON, PE22 9BY - £135,000

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

2 COMMON ROAD is a small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £135,000 in March 2014, which was around 21% below the average March 2014 detached price in the Boston local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

2 COMMON ROAD Sold Prices

Land registry data shows three sales for 2 COMMON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Boston local authority area for the corresponding sale date. Two of the three 2 COMMON ROAD sales were for below the average price, whilst one was 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
2014 13 MAR	£135,000	£171,553	21% below HPI
2004 5 OCT	£131,000	£165,284	21% below HPI
1995 27 JAN	£47,500	£45,089	5% above HPI

2 COMMON 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 three 2 COMMON ROAD sales between January 1995 and March 2014 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 October 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2014 sale, which was also at 21% below the HPI.

How Large is 2 COMMON ROAD?

2 COMMON ROAD is 90m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Wrangle, based on EPC data. The below chart shows the distribution of detached houses by size in Wrangle, and where 2 COMMON ROAD lies on this distribution: 23% of detached houses are smaller than 2 COMMON ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Wrangle.

2 COMMON ROAD: Plot and Title Map

2 COMMON ROAD sits on a plot of roughly 0.239 of an acre, or 969m². The below map shows the location of 2 COMMON 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 2 COMMON 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 2 COMMON ROAD?

2 COMMON ROAD is located in WRANGLE, in the PE22 postcode district. The below map shows the position of No. 2 on COMMON ROAD.