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

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.

CAPRICE is a very small detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £323,626. It was last sold for £279,950 in February 2021, which was around 27% 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	£219,765	27% above HPI
2015 20 MAR	£165,000	£176,810	7% below HPI
2008 13 JUN	£130,000	£177,380	27% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might CAPRICE be worth now?

CAPRICE might now be worth an estimated £323,626.

This is based on house price inflation of 15.6%, between February 2021 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 15.6% inflationary increase is applied to the most recent sale price for CAPRICE of £279,950 on 8th February 2021. For the value to have increased from £279,950 to £323,626 over the four years to February 2025, the following assumptions must hold true:

• The value of CAPRICE has moved in line with the HPI for detached houses in the Boston local authority area.
• The February 2021 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of CAPRICE has not materially changed since February 2021.

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 houses in Wrangle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wrangle, and where CAPRICE lies on this distribution: 15% of detached houses houses are smaller than CAPRICE, and 85% 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.