CAPRICE, BRICK LANE, WRANGLE, BOSTON, PE22 9ES - £279,950

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

CAPRICE is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £279,950 in February 2021, which was around 26% above the average February 2021 detached price in the Boston local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

CAPRICE Sold Prices

Land registry data shows three sales for CAPRICE 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. One of the three CAPRICE sales was for above the average price, whilst two 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
2021 8 FEB	£279,950	£222,901	26% above HPI
2015 20 MAR	£165,000	£179,333	8% below HPI
2008 13 JUN	£130,000	£179,911	28% below HPI

CAPRICE 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 CAPRICE sales between June 2008 and February 2021 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 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is CAPRICE?

CAPRICE is 84m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% of detached houses in Wrangle, based on EPC data. The below chart shows the distribution of detached houses by size in Wrangle, and where CAPRICE lies on this distribution: 17% of detached houses are smaller than CAPRICE, and 83% of houses are larger. Note that EPC data is not available for all properties in Wrangle.

CAPRICE: Plot and Title Map

CAPRICE sits on a plot of roughly 0.202 of an acre, or 818m². The below map shows the location of CAPRICE, 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 CAPRICE). 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 CAPRICE?

CAPRICE is located on BRICK LANE in WRANGLE, in the PE22 postcode district. The below map shows the position of CAPRICE on BRICK LANE.