51, SPAYNE ROAD, BOSTON, PE21 6JP - £185,000

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

51 SPAYNE ROAD is a small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £185,000 in September 2023, which was around 30% below the average September 2023 detached price in the Boston local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

51 SPAYNE ROAD Sold Prices

Land registry data shows four sales for 51 SPAYNE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the four 51 SPAYNE ROAD 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
2023 15 SEP	£185,000	£264,178	30% below HPI
2001 30 JAN	£62,000	£79,029	22% below HPI
1997 27 JUN	£47,950	£58,800	18% below HPI
1996 30 AUG	£47,500	£52,133	9% below HPI

51 SPAYNE 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 four 51 SPAYNE ROAD sales between August 1996 and September 2023 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 January 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 51 SPAYNE ROAD?

51 SPAYNE ROAD is 89m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 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 51 SPAYNE ROAD lies on this distribution: 31% of detached houses are smaller than 51 SPAYNE ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Boston.

51 SPAYNE ROAD: Plot and Title Map

51 SPAYNE ROAD sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 51 SPAYNE 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 51 SPAYNE 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 51 SPAYNE ROAD?

51 SPAYNE ROAD is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 51 on SPAYNE ROAD.