JAPONICA, SPALDING ROAD, SUTTERTON, BOSTON, PE20 2ET - £218,000

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

JAPONICA is a midsized detached house of 103m², built sometime between 2003 and 2006. It was last sold for £218,000 in February 2018, which was around 5% above the average February 2018 detached price in the Boston local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

JAPONICA Sold Prices

Land registry data shows three sales for JAPONICA 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 JAPONICA 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
2018 2 FEB	£218,000	£206,990	5% above HPI
2015 6 MAR	£195,000	£179,333	9% above HPI
2006 21 APR	£189,995	£167,959	13% above HPI

JAPONICA 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 JAPONICA sales between April 2006 and February 2018 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 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is JAPONICA?

JAPONICA is 103m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses in Sutterton, based on EPC data. The below chart shows the distribution of detached houses by size in Sutterton, and where JAPONICA lies on this distribution: 49% of detached houses are smaller than JAPONICA, and 50% of houses are larger. Note that EPC data is not available for all properties in Sutterton.

JAPONICA: Plot and Title Map

JAPONICA sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of JAPONICA, 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 JAPONICA). 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 JAPONICA?

JAPONICA is located on SPALDING ROAD in SUTTERTON, in the PE20 postcode district. The below map shows the position of JAPONICA on SPALDING ROAD.