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
7 FERNLEIGH WAY is a midsized extended detached house of 106m², built sometime between 1976 and 1982. It was last sold for £235,000 in December 2023, which was around 8% below the average December 2023 detached price in the Boston local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 7 FERNLEIGH WAY since 1st 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. One of the three 7 FERNLEIGH WAY sales was for below the average price, whilst two were for above 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 4 DEC | £235,000 | £255,992 | 8% below HPI |
2013 21 JUN | £230,000 | £158,181 | 45% above HPI |
1995 3 NOV | £76,000 | £52,610 | 44% above HPI |
The below graph shows the average detached house price in the Boston local authority area over time, sourced from the HPI. The three 7 FERNLEIGH WAY sales between November 1995 and December 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 June 2013 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the December 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
7 FERNLEIGH WAY is 106m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 50% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 7 FERNLEIGH WAY lies on this distribution: 51% of detached houses are smaller than 7 FERNLEIGH WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Boston.
7 FERNLEIGH WAY sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 7 FERNLEIGH 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 7 FERNLEIGH 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.
7 FERNLEIGH WAY is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 7 on FERNLEIGH WAY.