2, LACEYS DRIVE, LEVERTON, BOSTON, PE22 0BA - £142,000

2 LACEYS DRIVE is a very small detached house of 55m², built sometime between 1996 and 2002. It was last sold for £142,000 in May 2019, which was around 34% below the average May 2019 detached price in the Boston local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

2 LACEYS DRIVE Sold Prices

Land registry data shows three sales for 2 LACEYS DRIVE 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 2 LACEYS DRIVE 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
2019 1 MAY	£142,000	£214,942	34% below HPI
2016 26 JUL	£134,500	£195,083	31% below HPI
1997 31 JUL	£30,000	£59,109	49% below HPI

2 LACEYS DRIVE 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 2 LACEYS DRIVE sales between July 1997 and May 2019 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 July 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 LACEYS DRIVE?

2 LACEYS DRIVE is 55m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Leverton, based on EPC data. The below chart shows the distribution of detached houses by size in Leverton, and where 2 LACEYS DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 2 LACEYS DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Leverton.

2 LACEYS DRIVE: Plot and Title Map

2 LACEYS DRIVE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 2 LACEYS DRIVE, 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 2 LACEYS DRIVE). 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 2 LACEYS DRIVE?

2 LACEYS DRIVE is located in LEVERTON, in the PE22 postcode district. The below map shows the position of No. 2 on LACEYS DRIVE.