2, ROWAN WAY, BOSTON, PE21 9DH - £182,500

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.

2 ROWAN WAY is a midsized extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £239,458. It was last sold for £182,500 in June 2016, which was around 6% below the average June 2016 detached price in the Boston local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

2 ROWAN WAY Sold Prices

Land registry data shows two sales for 2 ROWAN WAY 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. One of the two 2 ROWAN WAY sales was for below the average price, whilst the other 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
2016 28 JUN	£182,500	£193,622	6% below HPI
2009 2 MAR	£165,000	£152,722	8% above HPI

2 ROWAN WAY 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 2 ROWAN WAY sales from March 2009 and June 2016 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 March 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 ROWAN WAY be worth now?

2 ROWAN WAY might now be worth an estimated £239,458.

This is based on house price inflation of 31.2%, between June 2016 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 31.2% inflationary increase is applied to the most recent sale price for 2 ROWAN WAY of £182,500 on 28th June 2016. For the value to have increased from £182,500 to £239,458 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 2 ROWAN WAY has moved in line with the HPI for detached houses in the Boston local authority area.
• The June 2016 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 2 ROWAN WAY has not materially changed since June 2016.

How Large is 2 ROWAN WAY?

2 ROWAN WAY is 97m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% 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 2 ROWAN WAY lies on this distribution: 41% of detached houses houses are smaller than 2 ROWAN WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Boston.

2 ROWAN WAY: Plot and Title Map

2 ROWAN WAY sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 2 ROWAN WAY, 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 ROWAN WAY). 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 ROWAN WAY?

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