ROMNEY, WAINFLEET ROAD, BOSTON, PE21 9RW - £163,000

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.

ROMNEY is a very large detached house of 178m², built sometime between 1950 and 1966, which could now be worth an estimated £399,005. It was last sold for £163,000 in July 2002, which was around 57% above the average July 2002 detached price in the Boston local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

ROMNEY Sold Prices

Land registry data shows two sales for ROMNEY 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 ROMNEY sales were for above 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
2002 12 JUL	£163,000	£103,784	57% above HPI
2000 30 AUG	£90,000	£73,751	22% above HPI

ROMNEY 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 ROMNEY sales from August 2000 and July 2002 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 August 2000 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2002 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might ROMNEY be worth now?

ROMNEY might now be worth an estimated £399,005.

This is based on house price inflation of 144.8%, between July 2002 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 144.8% inflationary increase is applied to the most recent sale price for ROMNEY of £163,000 on 12th July 2002. For the value to have increased from £163,000 to £399,005 over the 23 years and five months to February 2025, the following assumptions must hold true:

• The value of ROMNEY has moved in line with the HPI for detached houses in the Boston local authority area.
• The July 2002 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of ROMNEY has not materially changed since July 2002.

How Large is ROMNEY?

ROMNEY is 178m² according to the EPC inspection conducted in July 2014. This puts it in the largest 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 ROMNEY lies on this distribution: 92% of detached houses houses are smaller than ROMNEY, and 8% of houses are larger. Note that EPC data is not available for all properties in Boston.

ROMNEY: Plot and Title Map

ROMNEY sits on a plot of roughly 0.209 of an acre, or 845m². The below map shows the location of ROMNEY, 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 ROMNEY). 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 ROMNEY?

ROMNEY is located on WAINFLEET ROAD in BOSTON, in the PE21 postcode district. The below map shows the position of ROMNEY on WAINFLEET ROAD.