WOODFIELD, SPALDING ROAD, SUTTERTON, BOSTON, PE20 2EX - £230,000

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.

WOODFIELD is a small detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £264,681. It was last sold for £230,000 in July 2021, which was around 4% above the average July 2021 detached price in the Boston local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was A.

WOODFIELD Sold Prices

Land registry data shows three sales for WOODFIELD 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. One of the three WOODFIELD sales was for above the average price, whilst two 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 14 JUL	£230,000	£220,763	4% above HPI
2014 25 APR	£151,000	£168,592	10% below HPI
2004 9 JAN	£129,950	£146,006	11% below HPI

WOODFIELD 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 WOODFIELD sales between January 2004 and July 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 April 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might WOODFIELD be worth now?

WOODFIELD might now be worth an estimated £264,681.

This is based on house price inflation of 15.1%, between July 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 15.1% inflationary increase is applied to the most recent sale price for WOODFIELD of £230,000 on 14th July 2021. For the value to have increased from £230,000 to £264,681 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of WOODFIELD has moved in line with the HPI for detached houses in the Boston local authority area.
• The July 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of WOODFIELD has not materially changed since July 2021.

How Large is WOODFIELD?

WOODFIELD is 90m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 40% of detached houses houses in Sutterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sutterton, and where WOODFIELD lies on this distribution: 30% of detached houses houses are smaller than WOODFIELD, and 68% of houses are larger. Note that EPC data is not available for all properties in Sutterton.

WOODFIELD: Plot and Title Map

WOODFIELD sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of WOODFIELD, 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 WOODFIELD). 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 WOODFIELD?

WOODFIELD is located on SPALDING ROAD in SUTTERTON, in the PE20 postcode district. The below map shows the position of WOODFIELD on SPALDING ROAD.