ROWAN, CHAPEL LANE, WRANGLE, BOSTON, PE22 9AP - £190,000

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

ROWAN is a midsized extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £190,000 in December 2017, which was around 6% below the average December 2017 detached price in the Boston local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

ROWAN Sold Prices

Land registry data shows four sales for ROWAN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the four ROWAN 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
2017 8 DEC	£190,000	£201,154	6% below HPI
2015 23 FEB	£150,000	£178,496	16% below HPI
1999 18 JUN	£34,500	£61,170	44% below HPI
1998 15 MAY	£28,000	£59,727	53% below HPI

ROWAN 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 four ROWAN sales between May 1998 and December 2017 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 February 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is ROWAN?

ROWAN is 105m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the smallest 40% of detached houses in Wrangle, based on EPC data. The below chart shows the distribution of detached houses by size in Wrangle, and where ROWAN lies on this distribution: 40% of detached houses are smaller than ROWAN, and 60% of houses are larger. Note that EPC data is not available for all properties in Wrangle.

ROWAN: Plot and Title Map

ROWAN sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of ROWAN, 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 ROWAN). 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 ROWAN?

ROWAN is located on CHAPEL LANE in WRANGLE, in the PE22 postcode district. The below map shows the position of ROWAN on CHAPEL LANE.