55, CHESTER WAY, BOSTON, PE21 7PR - £160,000

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

55 CHESTER WAY is a very small detached house of 65m², built sometime between 1976 and 1982. It was last sold for £160,000 in July 2017, which was around 21% below the average July 2017 detached price in the Boston local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

55 CHESTER WAY Sold Prices

Land registry data shows two sales for 55 CHESTER WAY 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 55 CHESTER WAY 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 21 JUL	£160,000	£203,541	21% below HPI
2015 19 NOV	£116,000	£187,769	38% below HPI

55 CHESTER WAY 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 55 CHESTER WAY sales from November 2015 and July 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 November 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 55 CHESTER WAY?

55 CHESTER WAY is 65m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 55 CHESTER WAY lies on this distribution: 4% of detached houses are smaller than 55 CHESTER WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Boston.

55 CHESTER WAY: Plot and Title Map

55 CHESTER WAY sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 55 CHESTER WAY, 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 55 CHESTER WAY). 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 55 CHESTER WAY?

55 CHESTER WAY is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 55 on CHESTER WAY.