NORGREN, MAIN ROAD, LEVERTON, BOSTON, PE22 0AZ - £125,000

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.

NORGREN is a midsized extended detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £192,211. It was last sold for £125,000 in February 2014, which was around 24% below the average February 2014 detached price in the Boston local authority area. The most recent EPC inspection was August 2012, where the current energy rating was F, and the potential energy rating was C.

NORGREN Sold Prices

Land registry data shows two sales for NORGREN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Boston local authority area for the corresponding sale date. One of the two NORGREN sales was for below the average price, whilst the other was 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
2014 28 FEB	£125,000	£165,216	24% below HPI
1996 28 OCT	£56,000	£52,073	8% above HPI

NORGREN 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 two NORGREN sales from October 1996 and February 2014 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 October 1996 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might NORGREN be worth now?

NORGREN might now be worth an estimated £192,211.

This is based on house price inflation of 53.8%, between February 2014 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 53.8% inflationary increase is applied to the most recent sale price for NORGREN of £125,000 on 28th February 2014. For the value to have increased from £125,000 to £192,211 over the eleven years to February 2025, the following assumptions must hold true:

• The value of NORGREN has moved in line with the HPI for detached houses in the Boston local authority area.
• The February 2014 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of NORGREN has not materially changed since February 2014.

How Large is NORGREN?

NORGREN is 105m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 50% of detached houses houses in Leverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leverton, and where NORGREN lies on this distribution: 60% of detached houses houses are smaller than NORGREN, and 40% of houses are larger. Note that EPC data is not available for all properties in Leverton.

NORGREN: Plot and Title Map

NORGREN sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of NORGREN, 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 NORGREN). 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 NORGREN?

NORGREN is located on MAIN ROAD in LEVERTON, in the PE22 postcode district. The below map shows the position of NORGREN on MAIN ROAD.