KIBO, SPALDING ROAD, SUTTERTON, BOSTON, PE20 2ET - £205,000

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

KIBO is a midsized extended detached house of 119m², built sometime between 1976 and 1982. It was last sold for £205,000 in December 2019, which was around 2% below the average December 2019 detached price in the Boston local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

KIBO Sold Prices

Land registry data shows three sales for KIBO 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 KIBO sales 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
2019 12 DEC	£205,000	£209,853	2% below HPI
2011 3 JUN	£126,000	£163,691	23% below HPI
2007 30 APR	£129,000	£179,357	28% below HPI

KIBO 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 KIBO sales between April 2007 and December 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 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is KIBO?

KIBO is 119m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 40% of detached houses in Sutterton, based on EPC data. The below chart shows the distribution of detached houses by size in Sutterton, and where KIBO lies on this distribution: 60% of detached houses are smaller than KIBO, and 40% of houses are larger. Note that EPC data is not available for all properties in Sutterton.

KIBO: Plot and Title Map

KIBO sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of KIBO, 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 KIBO). 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 KIBO?

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