4, SPICE AVENUE, BOSTON, PE21 7BQ - £150,000

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 SPICE AVENUE is a large extended detached house of 130m², built sometime between 1967 and 1975. It was last sold for £150,000 in June 2015, which was around 20% below the average June 2015 detached price in the Boston local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.

4 SPICE AVENUE Sold Prices

Land registry data shows two sales for 4 SPICE AVENUE 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 4 SPICE AVENUE 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
2015 5 JUN	£150,000	£186,358	20% below HPI
2010 25 OCT	£125,000	£166,040	25% below HPI

4 SPICE AVENUE 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 4 SPICE AVENUE sales from October 2010 and June 2015 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 October 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2015 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4 SPICE AVENUE?

4 SPICE AVENUE is 130m², which includes one extension, according to the EPC inspection conducted in February 2023. 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 SPICE AVENUE lies on this distribution: 72% of detached houses are smaller than 4 SPICE AVENUE, and 27% of houses are larger. Note that EPC data is not available for all properties in Boston.

4 SPICE AVENUE: Plot and Title Map

4 SPICE AVENUE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 4 SPICE AVENUE, 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 SPICE AVENUE). 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 SPICE AVENUE?

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