55, GREENWOOD DRIVE, BOSTON, PE21 9EW - £180,000

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 GREENWOOD DRIVE is a very small detached house of 24m², built sometime between 1983 and 1990. It was last sold for £180,000 in June 2022, which was around 30% below the average June 2022 detached price in the Boston local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was B.

55 GREENWOOD DRIVE Sold Prices

Land registry data shows three sales for 55 GREENWOOD DRIVE 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. All of the three 55 GREENWOOD DRIVE 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
2022 10 JUN	£180,000	£256,638	30% below HPI
2013 4 OCT	£124,000	£170,184	27% below HPI
1995 28 APR	£46,000	£53,705	14% below HPI

55 GREENWOOD DRIVE 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 55 GREENWOOD DRIVE sales between April 1995 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 October 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 55 GREENWOOD DRIVE?

55 GREENWOOD DRIVE is 24m² according to the EPC inspection conducted in August 2013. 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 GREENWOOD DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 55 GREENWOOD DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Boston.

55 GREENWOOD DRIVE: Plot and Title Map

55 GREENWOOD DRIVE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 55 GREENWOOD DRIVE, 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 GREENWOOD DRIVE). 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 GREENWOOD DRIVE?

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