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
63 MARGARET DRIVE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £203,000 in September 2022, which was around 24% below the average September 2022 detached price in the Boston local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows seven sales for 63 MARGARET DRIVE since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the seven 63 MARGARET 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 27 SEP | £203,000 | £266,319 | 24% below HPI |
2014 28 NOV | £150,000 | £172,250 | 13% below HPI |
2012 17 FEB | £111,000 | £159,191 | 30% below HPI |
2007 22 OCT | £149,000 | £190,682 | 22% below HPI |
2002 19 FEB | £77,500 | £90,846 | 15% below HPI |
2001 12 JUL | £76,500 | £84,231 | 9% below HPI |
1996 10 JAN | £50,000 | £51,284 | 3% below HPI |
The below graph shows the average detached house price in the Boston local authority area over time, sourced from the HPI. The seven 63 MARGARET DRIVE sales between January 1996 and September 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 November 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
63 MARGARET DRIVE is 74m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 63 MARGARET DRIVE lies on this distribution: 12% of detached houses are smaller than 63 MARGARET DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Boston.
63 MARGARET DRIVE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 63 MARGARET 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 63 MARGARET 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.
63 MARGARET DRIVE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 63 on MARGARET DRIVE.