ROMAN BANK LODGE, POWELL STREET, BOSTON, PE21 0BT - £190,000

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.

ROMAN BANK LODGE is a midsized extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £205,971. It was last sold for £190,000 in September 2021, which was around 19% below the average September 2021 detached price in the Boston local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

ROMAN BANK LODGE Sold Prices

Land registry data shows two sales for ROMAN BANK LODGE 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. Both of the two ROMAN BANK LODGE 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
2021 3 SEP	£190,000	£234,352	19% below HPI
1996 7 JUN	£49,250	£52,748	7% below HPI

ROMAN BANK LODGE 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 ROMAN BANK LODGE sales from June 1996 and September 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 June 1996 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might ROMAN BANK LODGE be worth now?

ROMAN BANK LODGE might now be worth an estimated £205,971.

This is based on house price inflation of 8.4%, between September 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 8.4% inflationary increase is applied to the most recent sale price for ROMAN BANK LODGE of £190,000 on 3rd September 2021. For the value to have increased from £190,000 to £205,971 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of ROMAN BANK LODGE has moved in line with the HPI for detached houses in the Boston local authority area.
• The September 2021 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of ROMAN BANK LODGE has not materially changed since September 2021.

How Large is ROMAN BANK LODGE?

ROMAN BANK LODGE is 97m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 50% of detached houses houses in Boston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boston, and where ROMAN BANK LODGE lies on this distribution: 41% of detached houses houses are smaller than ROMAN BANK LODGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Boston.

ROMAN BANK LODGE: Plot and Title Map

ROMAN BANK LODGE sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of ROMAN BANK LODGE, 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 ROMAN BANK LODGE). 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 ROMAN BANK LODGE?

ROMAN BANK LODGE is located on POWELL STREET in BOSTON, in the PE21 postcode district. The below map shows the position of ROMAN BANK LODGE on POWELL STREET.