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
42 GREEN LANE is a small extended detached house of 83m², built sometime between 1991 and 1995. It was last sold for £167,000 in December 2017, which was around 17% below the average December 2017 detached price in the Boston local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 42 GREEN LANE since 1st 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 42 GREEN LANE 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 |
---|---|---|---|
2017 8 DEC | £167,000 | £201,154 | 17% below HPI |
2015 30 MAR | £164,950 | £179,333 | 8% below HPI |
1997 27 AUG | £50,000 | £57,801 | 13% below HPI |
The below graph shows the average detached house price in the Boston local authority area over time, sourced from the HPI. The three 42 GREEN LANE sales between August 1997 and December 2017 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 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
42 GREEN LANE is 83m², which includes one extension, according to the EPC inspection conducted in October 2014. 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 42 GREEN LANE lies on this distribution: 22% of detached houses are smaller than 42 GREEN LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Boston.
42 GREEN LANE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 42 GREEN LANE, 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 42 GREEN LANE). 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.
42 GREEN LANE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 42 on GREEN LANE.