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
227 WOAD FARM ROAD is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £116,000 in February 2014, which was around 31% below the average February 2014 detached price in the Boston local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 227 WOAD FARM ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the five 227 WOAD FARM 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 |
---|---|---|---|
2014 24 FEB | £116,000 | £167,574 | 31% below HPI |
2006 9 NOV | £115,000 | £177,956 | 35% below HPI |
2006 2 JUN | £113,000 | £167,165 | 32% below HPI |
2001 20 SEP | £65,500 | £89,641 | 27% below HPI |
1995 26 JUL | £33,500 | £52,051 | 36% below HPI |
The below graph shows the average detached house price in the Boston local authority area over time, sourced from the HPI. The five 227 WOAD FARM ROAD sales between July 1995 and February 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 November 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2014 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
227 WOAD FARM ROAD is 60m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 227 WOAD FARM ROAD lies on this distribution: 2% of detached houses are smaller than 227 WOAD FARM ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Boston.
227 WOAD FARM ROAD sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 227 WOAD FARM 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 227 WOAD FARM 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.
227 WOAD FARM ROAD is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 227 on WOAD FARM ROAD.