42, PARK ROAD, BOSTON, PE21 7JP - £250,000

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

42 PARK ROAD is a large extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £250,000 in June 2022, which was around 3% below the average June 2022 detached price in the Boston local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

42 PARK ROAD Sold Prices

Land registry data shows three sales for 42 PARK 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. The three 42 PARK ROAD sales were a mix of below the average price, and roughly equal to 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
2022 13 JUN	£250,000	£256,638	3% below HPI
2005 30 JUN	£165,000	£165,025	Close to HPI
1998 25 MAR	£59,950	£61,867	3% below HPI

42 PARK 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 42 PARK ROAD sales between March 1998 and June 2022 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 June 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 42 PARK ROAD?

42 PARK ROAD is 120m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 40% 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 PARK ROAD lies on this distribution: 64% of detached houses are smaller than 42 PARK ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Boston.

42 PARK ROAD: Plot and Title Map

42 PARK ROAD sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 42 PARK 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 42 PARK 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 42 PARK ROAD?

42 PARK ROAD is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 42 on PARK ROAD.