8, PARSONS DRIVE, BOSTON, PE21 9JE - £154,950

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

8 PARSONS DRIVE is a small extended detached house of 82m², built sometime between 1991 and 1995. It was last sold for £154,950 in March 2016, which was around 17% below the average March 2016 detached price in the Boston local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

8 PARSONS DRIVE Sold Prices

Land registry data shows four sales for 8 PARSONS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the four 8 PARSONS 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
2016 18 MAR	£154,950	£186,485	17% below HPI
2011 21 APR	£120,000	£164,476	27% below HPI
2001 30 MAR	£68,000	£74,386	9% below HPI
1997 25 JUL	£49,000	£59,109	17% below HPI

8 PARSONS 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 four 8 PARSONS DRIVE sales between July 1997 and March 2016 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 April 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 PARSONS DRIVE?

8 PARSONS DRIVE is 82m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 8 PARSONS DRIVE lies on this distribution: 21% of detached houses are smaller than 8 PARSONS DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Boston.

8 PARSONS DRIVE: Plot and Title Map

8 PARSONS DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 8 PARSONS 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 8 PARSONS 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 8 PARSONS DRIVE?

8 PARSONS DRIVE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 8 on PARSONS DRIVE.