2, PARK ROAD, BOSTON, PE21 7JP - £115,500

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

2 PARK ROAD is a midsized extended detached house of 102m², built sometime between 1930 and 1949. It was last sold for £115,500 in October 2003, which was around 22% below the average October 2003 detached price in the Boston local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

2 PARK ROAD Sold Prices

Land registry data shows three sales for 2 PARK 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. All of the three 2 PARK ROAD 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
2003 24 OCT	£115,500	£148,266	22% below HPI
2002 4 JUL	£66,500	£105,265	37% below HPI
1998 23 DEC	£45,950	£62,002	26% below HPI

2 PARK 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 PARK ROAD sales between December 1998 and October 2003 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 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2003 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 PARK ROAD?

2 PARK ROAD is 102m², which includes one extension, according to the EPC inspection conducted in October 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 2 PARK ROAD lies on this distribution: 47% of detached houses are smaller than 2 PARK ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Boston.

2 PARK ROAD: Plot and Title Map

2 PARK ROAD sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 2 PARK 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 PARK 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 PARK ROAD?

2 PARK ROAD is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 2 on PARK ROAD.