42A, PARK ROAD, BOSTON, PE21 7JP - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

42A PARK ROAD is a very large detached house of 193m², which could now be worth an estimated £224,095. It was last sold for £215,000 in February 2022, which was around 12% below the average February 2022 detached price in the Boston local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was B.

42A PARK ROAD Sold Prices

Land registry data shows two sales for 42A PARK ROAD 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. One of the two 42A PARK ROAD sales was for below the average price, whilst the other was 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
2022 1 FEB	£215,000	£243,740	12% below HPI
2017 2 MAY	£298,000	£195,905	52% above HPI

42A 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 two 42A PARK ROAD sales from May 2017 and February 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 May 2017 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the February 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 42A PARK ROAD be worth now?

42A PARK ROAD might now be worth an estimated £224,095.

This is based on house price inflation of 4.2%, between February 2022 and February 2025, 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 4.2% inflationary increase is applied to the most recent sale price for 42A PARK ROAD of £215,000 on 1st February 2022. For the value to have increased from £215,000 to £224,095 over the three years to February 2025, the following assumptions must hold true:

• The value of 42A PARK ROAD has moved in line with the HPI for detached houses in the Boston local authority area.
• The February 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 42A PARK ROAD has not materially changed since February 2022.

How Large is 42A PARK ROAD?

42A PARK ROAD is 193m² according to the EPC inspection conducted in April 2017. This puts it in the largest 10% of detached houses houses in Boston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boston, and where 42A PARK ROAD lies on this distribution: 95% of detached houses houses are smaller than 42A PARK ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Boston.

42A PARK ROAD: Plot and Title Map

42A PARK ROAD sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of 42A 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 42A 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 42A PARK ROAD?

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