3, MONKS ROAD, SWINESHEAD, BOSTON, PE20 3EL - £199,950

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

3 MONKS ROAD is a small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £199,950 in May 2022, which was around 23% below the average May 2022 detached price in the Boston local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

3 MONKS ROAD Sold Prices

Land registry data shows two sales for 3 MONKS ROAD 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. Both of the two 3 MONKS 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
2022 16 MAY	£199,950	£260,737	23% below HPI
2002 20 SEP	£91,000	£114,298	20% below HPI

3 MONKS 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 two 3 MONKS ROAD sales from September 2002 and May 2022 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 September 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 MONKS ROAD?

3 MONKS ROAD is 84m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses in Swineshead, based on EPC data. The below chart shows the distribution of detached houses by size in Swineshead, and where 3 MONKS ROAD lies on this distribution: 23% of detached houses are smaller than 3 MONKS ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Swineshead.

3 MONKS ROAD: Plot and Title Map

3 MONKS ROAD sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 3 MONKS 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 3 MONKS 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 3 MONKS ROAD?

3 MONKS ROAD is located in SWINESHEAD, in the PE20 postcode district. The below map shows the position of No. 3 on MONKS ROAD.