THE HEARTH, ASPERTON ROAD, WIGTOFT, BOSTON, PE20 2PJ - £151,000

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

THE HEARTH is a midsized detached house of 123m², built sometime between 1991 and 1995, which could now be worth an estimated £251,459. It was last sold for £151,000 in April 2004, which was about the average April 2004 detached price in the Boston local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was A.

THE HEARTH Sold Prices

Land registry data shows two sales for THE HEARTH 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 THE HEARTH sales was roughly equal to 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
2004 7 APR	£151,000	£151,614	Close to HPI
1995 10 NOV	£53,000	£51,870	2% above HPI

THE HEARTH 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 THE HEARTH sales from November 1995 and April 2004 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 November 1995 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2004 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might THE HEARTH be worth now?

THE HEARTH might now be worth an estimated £251,459.

This is based on house price inflation of 66.5%, between April 2004 and December 2024, 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 66.5% inflationary increase is applied to the most recent sale price for THE HEARTH of £151,000 on 7th April 2004. For the value to have increased from £151,000 to £251,459 over the nineteen years and four months to December 2024, the following assumptions must hold true:

• The value of THE HEARTH has moved in line with the HPI for detached houses in the Boston local authority area.
• The April 2004 sale price of £151,000 represented a fair market value for the property.
• The size, condition, and specification of THE HEARTH has not materially changed since April 2004.

How Large is THE HEARTH?

THE HEARTH is 123m² according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of detached houses houses in Wigtoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigtoft, and where THE HEARTH lies on this distribution: 47% of detached houses houses are smaller than THE HEARTH, and 50% of houses are larger. Note that EPC data is not available for all properties in Wigtoft.

THE HEARTH: Plot and Title Map

THE HEARTH sits on a plot of roughly 0.193 of an acre, or 781m². The below map shows the location of THE HEARTH, 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 THE HEARTH). 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 THE HEARTH?

THE HEARTH is located on ASPERTON ROAD in WIGTOFT, in the PE20 postcode district. The below map shows the position of THE HEARTH on ASPERTON ROAD.