38, GREENWOOD DRIVE, BOSTON, PE21 9EW - £178,000

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

38 GREENWOOD DRIVE is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £178,000 in September 2021, which was around 25% below the average September 2021 detached price in the Boston local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

38 GREENWOOD DRIVE Sold Prices

Land registry data shows four sales for 38 GREENWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the four 38 GREENWOOD DRIVE 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
2021 9 SEP	£178,000	£237,696	25% below HPI
2021 26 APR	£179,950	£225,713	20% below HPI
2013 24 MAY	£125,000	£157,652	21% below HPI
2012 27 JAN	£120,000	£161,490	26% below HPI

38 GREENWOOD DRIVE 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 four 38 GREENWOOD DRIVE sales between January 2012 and September 2021 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 April 2021 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 38 GREENWOOD DRIVE?

38 GREENWOOD DRIVE is 73m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 38 GREENWOOD DRIVE lies on this distribution: 11% of detached houses are smaller than 38 GREENWOOD DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Boston.

38 GREENWOOD DRIVE: Plot and Title Map

38 GREENWOOD DRIVE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 38 GREENWOOD DRIVE, 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 38 GREENWOOD DRIVE). 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 38 GREENWOOD DRIVE?

38 GREENWOOD DRIVE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 38 on GREENWOOD DRIVE.