4, SOUTH PARADE, BOSTON, PE21 7PL - £140,000

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 SOUTH PARADE is a large extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £140,000 in October 2011, which was around 14% below the average October 2011 detached price in the Boston local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

4 SOUTH PARADE Sold Prices

Land registry data shows three sales for 4 SOUTH PARADE 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 SOUTH PARADE 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
2011 17 OCT	£140,000	£162,042	14% below HPI
2000 23 MAR	£55,000	£65,159	16% below HPI
1999 23 JUL	£60,000	£61,005	2% below HPI

4 SOUTH PARADE 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 SOUTH PARADE sales between July 1999 and October 2011 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 March 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2011 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 SOUTH PARADE?

4 SOUTH PARADE is 139m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 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 SOUTH PARADE lies on this distribution: 78% of detached houses are smaller than 4 SOUTH PARADE, and 21% of houses are larger. Note that EPC data is not available for all properties in Boston.

4 SOUTH PARADE: Plot and Title Map

4 SOUTH PARADE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 4 SOUTH PARADE, 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 SOUTH PARADE). 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 SOUTH PARADE?

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