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
22 PARK ROAD is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £112,600 in January 2012, which was around 30% below the average January 2012 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 C.
Land registry data shows three sales for 22 PARK ROAD since 1st 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 22 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 |
---|---|---|---|
2012 13 JAN | £112,600 | £161,490 | 30% below HPI |
2003 17 NOV | £112,500 | £150,207 | 25% below HPI |
2002 21 MAY | £75,000 | £94,426 | 21% below HPI |
The below graph shows the average detached house price in the Boston local authority area over time, sourced from the HPI. The three 22 PARK ROAD sales between May 2002 and January 2012 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 November 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2012 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
22 PARK ROAD is 96m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 22 PARK ROAD lies on this distribution: 39% of detached houses are smaller than 22 PARK ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Boston.
22 PARK ROAD sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 22 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 22 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.
22 PARK ROAD is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 22 on PARK ROAD.