4, MEDLAM ROAD, BOSTON, PE21 7PP - £146,000

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

4 MEDLAM ROAD is a small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £146,000 in September 2014, which was around 17% below the average September 2014 detached price in the Boston local authority area. The most recent EPC inspection was August 2023, where the current energy rating was B, and the potential energy rating was A.

4 MEDLAM ROAD Sold Prices

Land registry data shows three sales for 4 MEDLAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the three 4 MEDLAM 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 18 SEP	£146,000	£176,918	17% below HPI
1998 1 MAY	£51,000	£59,727	15% below HPI
1997 24 JUN	£48,000	£58,800	18% below HPI

4 MEDLAM 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 three 4 MEDLAM ROAD sales between June 1997 and September 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 May 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2014 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 4 MEDLAM ROAD?

4 MEDLAM ROAD is 85m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 4 MEDLAM ROAD lies on this distribution: 25% of detached houses are smaller than 4 MEDLAM ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Boston.

4 MEDLAM ROAD: Plot and Title Map

4 MEDLAM ROAD sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 4 MEDLAM 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 4 MEDLAM 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 4 MEDLAM ROAD?

4 MEDLAM ROAD is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 4 on MEDLAM ROAD.