88, PILLEYS LANE, BOSTON, PE21 9RB - £230,000

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.

88 PILLEYS LANE is a very small detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £287,315. It was last sold for £230,000 in October 2019, which was around 13% above the average October 2019 detached price in the Boston local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

88 PILLEYS LANE Sold Prices

Land registry data shows four sales for 88 PILLEYS LANE 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. Most of the four 88 PILLEYS LANE sales 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
2019 15 OCT	£230,000	£203,372	13% above HPI
2016 24 JUN	£188,000	£193,622	3% below HPI
2005 22 AUG	£183,950	£168,013	9% above HPI
1996 30 SEP	£67,000	£50,954	31% above HPI

88 PILLEYS 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 four 88 PILLEYS LANE sales between September 1996 and October 2019 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 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2019 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 88 PILLEYS LANE be worth now?

88 PILLEYS LANE might now be worth an estimated £287,315.

This is based on house price inflation of 24.9%, between October 2019 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 24.9% inflationary increase is applied to the most recent sale price for 88 PILLEYS LANE of £230,000 on 15th October 2019. For the value to have increased from £230,000 to £287,315 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 88 PILLEYS LANE has moved in line with the HPI for detached houses in the Boston local authority area.
• The October 2019 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 88 PILLEYS LANE has not materially changed since October 2019.

How Large is 88 PILLEYS LANE?

88 PILLEYS LANE is 80m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% 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 88 PILLEYS LANE lies on this distribution: 19% of detached houses houses are smaller than 88 PILLEYS LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Boston.

88 PILLEYS LANE: Plot and Title Map

88 PILLEYS LANE sits on a plot of roughly 0.214 of an acre, or 865m². The below map shows the location of 88 PILLEYS 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 88 PILLEYS 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 88 PILLEYS LANE?

88 PILLEYS LANE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 88 on PILLEYS LANE.