4, THE SPIRES, SUTTERTON, BOSTON, PE20 2JB - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 THE SPIRES is a midsized detached house of 105m², built sometime between 2003 and 2006, which could now be worth an estimated £366,765. It was last sold for £240,000 in February 2014, which was around 45% above the average February 2014 detached price in the Boston local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was C.

4 THE SPIRES Sold Prices

Land registry data shows three sales for 4 THE SPIRES 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 THE SPIRES sales were for above 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 7 FEB	£240,000	£165,216	45% above HPI
2007 2 FEB	£247,000	£176,612	40% above HPI
2003 29 AUG	£189,950	£142,252	34% above HPI

4 THE SPIRES 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 THE SPIRES sales between August 2003 and February 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 February 2007 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the February 2014 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 4 THE SPIRES be worth now?

4 THE SPIRES might now be worth an estimated £366,765.

This is based on house price inflation of 52.8%, between February 2014 and December 2024, for detached houses, in the Boston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.8% inflationary increase is applied to the most recent sale price for 4 THE SPIRES of £240,000 on 7th February 2014. For the value to have increased from £240,000 to £366,765 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 4 THE SPIRES has moved in line with the HPI for detached houses in the Boston local authority area.
• The February 2014 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE SPIRES has not materially changed since February 2014.

How Large is 4 THE SPIRES?

4 THE SPIRES is 105m² according to the EPC inspection conducted in June 2024. This puts it in the largest 50% of detached houses houses in Sutterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sutterton, and where 4 THE SPIRES lies on this distribution: 52% of detached houses houses are smaller than 4 THE SPIRES, and 48% of houses are larger. Note that EPC data is not available for all properties in Sutterton.

4 THE SPIRES: Plot and Title Map

4 THE SPIRES sits on a plot of roughly 0.146 of an acre, or 589m². The below map shows the location of 4 THE SPIRES, 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 THE SPIRES). 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 THE SPIRES?

4 THE SPIRES is located in SUTTERTON, in the PE20 postcode district. The below map shows the position of No. 4 on THE SPIRES.