1, SPICE AVENUE, BOSTON, PE21 7BQ - £165,000

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.

1 SPICE AVENUE is a very small detached house of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £185,883. It was last sold for £165,000 in May 2021, which was around 26% below the average May 2021 detached price in the Boston local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

1 SPICE AVENUE Sold Prices

Land registry data shows five sales for 1 SPICE AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the five 1 SPICE AVENUE 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 27 MAY	£165,000	£223,639	26% below HPI
2013 5 APR	£125,000	£148,620	16% below HPI
2007 18 MAY	£148,000	£181,362	18% below HPI
1999 1 DEC	£58,500	£63,280	8% below HPI
1997 20 JAN	£46,750	£53,256	12% below HPI

1 SPICE AVENUE 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 five 1 SPICE AVENUE sales between January 1997 and May 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 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 SPICE AVENUE be worth now?

1 SPICE AVENUE might now be worth an estimated £185,883.

This is based on house price inflation of 12.7%, between May 2021 and August 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 12.7% inflationary increase is applied to the most recent sale price for 1 SPICE AVENUE of £165,000 on 27th May 2021. For the value to have increased from £165,000 to £185,883 over the three years and nine months to August 2025, the following assumptions must hold true:

• The value of 1 SPICE AVENUE has moved in line with the HPI for detached houses in the Boston local authority area.
• The May 2021 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPICE AVENUE has not materially changed since May 2021.

How Large is 1 SPICE AVENUE?

1 SPICE AVENUE is 58m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% 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 1 SPICE AVENUE lies on this distribution: 2% of detached houses houses are smaller than 1 SPICE AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Boston.

1 SPICE AVENUE: Plot and Title Map

1 SPICE AVENUE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 1 SPICE AVENUE, 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 1 SPICE AVENUE). 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 1 SPICE AVENUE?

1 SPICE AVENUE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 1 on SPICE AVENUE.