8, ROCHFORD TOWER LANE, BOSTON, PE21 9RG - £145,000

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

8 ROCHFORD TOWER LANE is a very small extended detached house of 65m², built sometime between 1930 and 1949. It was last sold for £145,000 in July 2016, which was around 26% below the average July 2016 detached price in the Boston local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was B.

8 ROCHFORD TOWER LANE Sold Prices

Land registry data shows three sales for 8 ROCHFORD TOWER LANE 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 8 ROCHFORD TOWER LANE 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 15 JUL	£145,000	£195,083	26% below HPI
2005 11 MAR	£131,000	£164,396	20% below HPI
1996 13 AUG	£41,000	£52,133	21% below HPI

8 ROCHFORD TOWER LANE 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 8 ROCHFORD TOWER LANE sales between August 1996 and July 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 March 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 ROCHFORD TOWER LANE?

8 ROCHFORD TOWER LANE is 65m², which includes one extension, according to the EPC inspection conducted in February 2022. 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 8 ROCHFORD TOWER LANE lies on this distribution: 4% of detached houses are smaller than 8 ROCHFORD TOWER LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Boston.

8 ROCHFORD TOWER LANE: Plot and Title Map

8 ROCHFORD TOWER LANE sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 8 ROCHFORD TOWER LANE, 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 ROCHFORD TOWER LANE). 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 ROCHFORD TOWER LANE?

8 ROCHFORD TOWER LANE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 8 on ROCHFORD TOWER LANE.