248, LONDON ROAD, BOSTON, PE21 7AZ - £205,000

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

248 LONDON ROAD is a midsized extended detached house of 115m², built sometime between 1930 and 1949. It was last sold for £205,000 in September 2017, which was about the average September 2017 detached price in the Boston local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

248 LONDON ROAD Sold Prices

Land registry data shows five sales for 248 LONDON ROAD since 1^st 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. The five 248 LONDON ROAD sales were a mix of roughly equal to the average price, above the average price, and 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
2017 25 SEP	£205,000	£204,231	Close to HPI
2015 24 JUL	£179,500	£191,869	6% below HPI
2013 11 OCT	£173,000	£170,184	2% above HPI
2005 1 JUN	£165,000	£165,025	Close to HPI
1998 6 AUG	£59,000	£62,019	5% below HPI

248 LONDON 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 five 248 LONDON ROAD sales between August 1998 and September 2017 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 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 248 LONDON ROAD?

248 LONDON ROAD is 115m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 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 248 LONDON ROAD lies on this distribution: 60% of detached houses are smaller than 248 LONDON ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Boston.

248 LONDON ROAD: Plot and Title Map

248 LONDON ROAD sits on a plot of roughly 0.121 of an acre, or 492m². The below map shows the location of 248 LONDON 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 248 LONDON 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 248 LONDON ROAD?

248 LONDON ROAD is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 248 on LONDON ROAD.