GROVELANDS, LOW ROAD, WYBERTON, BOSTON, PE21 7AP - £375,000

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

GROVELANDS is a very large extended detached house of 158m², built sometime before 1900. It was last sold for £375,000 in December 2022, which was around 43% above the average December 2022 detached price in the Boston local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was A.

GROVELANDS Sold Prices

Land registry data shows three sales for GROVELANDS 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 GROVELANDS 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
2022 8 DEC	£375,000	£261,557	43% above HPI
2006 29 JUN	£236,500	£167,165	41% above HPI
1997 24 MAR	£78,000	£55,320	41% above HPI

GROVELANDS 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 GROVELANDS sales between March 1997 and December 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 June 2006 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2022 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is GROVELANDS?

GROVELANDS is 158m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where GROVELANDS lies on this distribution: 86% of detached houses are smaller than GROVELANDS, and 14% of houses are larger. Note that EPC data is not available for all properties in Boston.

GROVELANDS: Plot and Title Map

GROVELANDS sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of GROVELANDS, 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 GROVELANDS). 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 GROVELANDS?

GROVELANDS is located on LOW ROAD in WYBERTON, in the PE21 postcode district. The below map shows the position of GROVELANDS on LOW ROAD.