32, THE GRAYLINGS, BOSTON, PE21 8EB - £78,000

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.

32 THE GRAYLINGS is a very small terraced house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £85,686. It was last sold for £78,000 in May 2021, which was around 31% below the average May 2021 terraced price in the Boston local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

32 THE GRAYLINGS Sold Prices

Land registry data shows four sales for 32 THE GRAYLINGS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Boston local authority area for the corresponding sale date. Most of the four 32 THE GRAYLINGS 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 28 MAY	£78,000	£112,655	31% below HPI
2005 17 JUN	£71,500	£82,088	13% below HPI
2003 25 APR	£57,000	£56,433	1% above HPI
1997 13 OCT	£22,650	£24,669	8% below HPI

32 THE GRAYLINGS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Boston local authority area over time, sourced from the HPI. The four 32 THE GRAYLINGS sales between October 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 June 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 32 THE GRAYLINGS be worth now?

32 THE GRAYLINGS might now be worth an estimated £85,686.

This is based on house price inflation of 9.9%, between May 2021 and May 2026, for terraced 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 9.9% inflationary increase is applied to the most recent sale price for 32 THE GRAYLINGS of £78,000 on 28th May 2021. For the value to have increased from £78,000 to £85,686 over the five years to May 2026, the following assumptions must hold true:

• The value of 32 THE GRAYLINGS has moved in line with the HPI for terraced houses in the Boston local authority area.
• The May 2021 sale price of £78,000 represented a fair market value for the property.
• The size, condition, and specification of 32 THE GRAYLINGS has not materially changed since May 2021.

How Large is 32 THE GRAYLINGS?

32 THE GRAYLINGS is 48m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of terraced houses houses in Boston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Boston, and where 32 THE GRAYLINGS lies on this distribution: Less than 1% of terraced houses houses are smaller than 32 THE GRAYLINGS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Boston.

32 THE GRAYLINGS: Plot and Title Map

32 THE GRAYLINGS sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 32 THE GRAYLINGS, 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 32 THE GRAYLINGS). 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 32 THE GRAYLINGS?

32 THE GRAYLINGS is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 32 on THE GRAYLINGS.