81, SOUTH PARADE, BOSTON, PE21 7PN - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

81 SOUTH PARADE is a midsized extended detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £290,263. It was last sold for £300,000 in September 2022, which was around 14% above the average September 2022 detached price in the Boston local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

81 SOUTH PARADE Sold Prices

Land registry data shows three sales for 81 SOUTH PARADE 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. The three 81 SOUTH PARADE sales were a mix of above the average price, and roughly equal to 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 5 SEP	£300,000	£262,573	14% above HPI
2019 29 NOV	£235,000	£204,380	15% above HPI
2011 5 AUG	£161,000	£160,241	Close to HPI

81 SOUTH PARADE 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 81 SOUTH PARADE sales between August 2011 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 2019 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2022 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 81 SOUTH PARADE be worth now?

81 SOUTH PARADE might now be worth an estimated £290,263.

This is based on house price deflation of 3.2%, between September 2022 and February 2025, for detached houses, in the Boston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.2% deflationary decrease is applied to the most recent sale price for 81 SOUTH PARADE of £300,000 on 5th September 2022. For the value to have decreased from £300,000 to £290,263 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 81 SOUTH PARADE has moved in line with the HPI for detached houses in the Boston local authority area.
• The September 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 81 SOUTH PARADE has not materially changed since September 2022.

How Large is 81 SOUTH PARADE?

81 SOUTH PARADE is 101m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% of detached houses houses in Boston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boston, and where 81 SOUTH PARADE lies on this distribution: 46% of detached houses houses are smaller than 81 SOUTH PARADE, and 53% of houses are larger. Note that EPC data is not available for all properties in Boston.

81 SOUTH PARADE: Plot and Title Map

81 SOUTH PARADE sits on a plot of roughly 0.218 of an acre, or 884m². The below map shows the location of 81 SOUTH PARADE, 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 81 SOUTH PARADE). 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 81 SOUTH PARADE?

81 SOUTH PARADE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 81 on SOUTH PARADE.