31, HOSPITAL LANE, BOSTON, PE21 9EE - £100,000

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

31 HOSPITAL LANE is a very small extended semi-detached house of 65m², built sometime between 1900 and 1929. It was last sold for £100,000 in October 2014, which was around 43% below the average October 2014 detached price in the Boston local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

31 HOSPITAL LANE Sold Prices

Land registry data shows two sales for 31 HOSPITAL LANE 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 31 HOSPITAL LANE 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 1 OCT	£100,000	£174,312	43% below HPI
2002 12 JUL	£58,000	£105,265	45% below HPI

31 HOSPITAL LANE 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 31 HOSPITAL LANE sales from July 2002 and October 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 July 2002 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2014 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 31 HOSPITAL LANE?

31 HOSPITAL LANE is 65m², which includes one extension, according to the EPC inspection conducted in April 2024. 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 31 HOSPITAL LANE lies on this distribution: 4% of detached houses are smaller than 31 HOSPITAL LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Boston.

31 HOSPITAL LANE: Plot and Title Map

31 HOSPITAL LANE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 31 HOSPITAL LANE, 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 31 HOSPITAL LANE). 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 31 HOSPITAL LANE?

31 HOSPITAL LANE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 31 on HOSPITAL LANE.