53, PENNY GARDENS, KIRTON, BOSTON, PE20 1HN - £195,000

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.

53 PENNY GARDENS is a very small detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £205,736. It was last sold for £195,000 in October 2021, which was around 19% below the average October 2021 detached price in the Boston local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

53 PENNY GARDENS Sold Prices

Land registry data shows two sales for 53 PENNY GARDENS 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. Both of the two 53 PENNY GARDENS 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
2021 18 OCT	£195,000	£240,794	19% below HPI
2012 8 MAY	£130,000	£161,261	19% below HPI

53 PENNY GARDENS 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 53 PENNY GARDENS sales from May 2012 and October 2021 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 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2021 sale, which was also at 19% below the HPI.

What might 53 PENNY GARDENS be worth now?

53 PENNY GARDENS might now be worth an estimated £205,736.

This is based on house price inflation of 5.5%, between October 2021 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 5.5% inflationary increase is applied to the most recent sale price for 53 PENNY GARDENS of £195,000 on 18th October 2021. For the value to have increased from £195,000 to £205,736 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 53 PENNY GARDENS has moved in line with the HPI for detached houses in the Boston local authority area.
• The October 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 53 PENNY GARDENS has not materially changed since October 2021.

How Large is 53 PENNY GARDENS?

53 PENNY GARDENS is 81m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses houses in Kirton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirton, and where 53 PENNY GARDENS lies on this distribution: 10% of detached houses houses are smaller than 53 PENNY GARDENS, and 89% of houses are larger. Note that EPC data is not available for all properties in Kirton.

53 PENNY GARDENS: Plot and Title Map

53 PENNY GARDENS sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of 53 PENNY GARDENS, 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 53 PENNY GARDENS). 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 53 PENNY GARDENS?

53 PENNY GARDENS is located in KIRTON, in the PE20 postcode district. The below map shows the position of No. 53 on PENNY GARDENS.