45, MONTEITH CRESCENT, BOSTON, PE21 9AY - £140,000

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.

45 MONTEITH CRESCENT is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £212,875. It was last sold for £140,000 in May 2012, which was around 13% below the average May 2012 detached price in the Boston local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

45 MONTEITH CRESCENT Sold Prices

Land registry data shows two sales for 45 MONTEITH CRESCENT 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. Both of the two 45 MONTEITH CRESCENT 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
2012 11 MAY	£140,000	£161,261	13% below HPI
2006 22 SEP	£120,500	£173,563	31% below HPI

45 MONTEITH CRESCENT 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 45 MONTEITH CRESCENT sales from September 2006 and May 2012 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 September 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2012 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 45 MONTEITH CRESCENT be worth now?

45 MONTEITH CRESCENT might now be worth an estimated £212,875.

This is based on house price inflation of 52.1%, between May 2012 and May 2026, 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 52.1% inflationary increase is applied to the most recent sale price for 45 MONTEITH CRESCENT of £140,000 on 11th May 2012. For the value to have increased from £140,000 to £212,875 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 45 MONTEITH CRESCENT has moved in line with the HPI for detached houses in the Boston local authority area.
• The May 2012 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 45 MONTEITH CRESCENT has not materially changed since May 2012.

How Large is 45 MONTEITH CRESCENT?

45 MONTEITH CRESCENT is 78m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% 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 45 MONTEITH CRESCENT lies on this distribution: 17% of detached houses houses are smaller than 45 MONTEITH CRESCENT, and 82% of houses are larger. Note that EPC data is not available for all properties in Boston.

45 MONTEITH CRESCENT: Plot and Title Map

45 MONTEITH CRESCENT sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 45 MONTEITH CRESCENT, 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 45 MONTEITH CRESCENT). 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 45 MONTEITH CRESCENT?

45 MONTEITH CRESCENT is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 45 on MONTEITH CRESCENT.