SPARKLES, BROADGATE, WRANGLE, BOSTON, PE22 9BJ - £150,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SPARKLES is a very small detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £149,740. It was last sold for £150,000 in December 2024, which was around 41% below the average December 2024 detached price in the Boston local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

SPARKLES Sold Prices

Land registry data shows three sales for SPARKLES 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 SPARKLES 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
2024 18 DEC	£150,000	£254,492	41% below HPI
2013 25 JAN	£123,000	£157,735	22% below HPI
2000 26 APR	£56,500	£66,798	15% below HPI

SPARKLES 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 SPARKLES sales between April 2000 and December 2024 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 January 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2024 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might SPARKLES be worth now?

SPARKLES might now be worth an estimated £149,740.

This is based on house price deflation of 0.2%, between December 2024 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 0.2% deflationary decrease is applied to the most recent sale price for SPARKLES of £150,000 on 18th December 2024. For the value to have decreased from £150,000 to £149,740 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of SPARKLES has moved in line with the HPI for detached houses in the Boston local authority area.
• The December 2024 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of SPARKLES has not materially changed since December 2024.

How Large is SPARKLES?

SPARKLES is 74m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 10% of detached houses houses in Wrangle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wrangle, and where SPARKLES lies on this distribution: 5% of detached houses houses are smaller than SPARKLES, and 94% of houses are larger. Note that EPC data is not available for all properties in Wrangle.

SPARKLES: Plot and Title Map

SPARKLES sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of SPARKLES, 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 SPARKLES). 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 SPARKLES?

SPARKLES is located on BROADGATE in WRANGLE, in the PE22 postcode district. The below map shows the position of SPARKLES on BROADGATE.