ROWAN, CHAPEL LANE, WRANGLE, BOSTON, PE22 9AP - £190,000

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.

ROWAN is a midsized extended detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £247,479. It was last sold for £190,000 in December 2017, which was around 4% below the average December 2017 detached price in the Boston local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

ROWAN Sold Prices

Land registry data shows four sales for ROWAN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the four ROWAN 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
2017 8 DEC	£190,000	£198,325	4% below HPI
2015 23 FEB	£150,000	£175,985	15% below HPI
1999 18 JUN	£34,500	£60,309	43% below HPI
1998 15 MAY	£28,000	£58,887	52% below HPI

ROWAN 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 four ROWAN sales between May 1998 and December 2017 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 February 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2017 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might ROWAN be worth now?

ROWAN might now be worth an estimated £247,479.

This is based on house price inflation of 30.3%, between December 2017 and March 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 30.3% inflationary increase is applied to the most recent sale price for ROWAN of £190,000 on 8th December 2017. For the value to have increased from £190,000 to £247,479 over the eight years and nine months to March 2025, the following assumptions must hold true:

• The value of ROWAN has moved in line with the HPI for detached houses in the Boston local authority area.
• The December 2017 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of ROWAN has not materially changed since December 2017.

How Large is ROWAN?

ROWAN is 105m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the smallest 50% of detached houses houses in Wrangle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wrangle, and where ROWAN lies on this distribution: 40% of detached houses houses are smaller than ROWAN, and 60% of houses are larger. Note that EPC data is not available for all properties in Wrangle.

ROWAN: Plot and Title Map

ROWAN sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of ROWAN, 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 ROWAN). 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 ROWAN?

ROWAN is located on CHAPEL LANE in WRANGLE, in the PE22 postcode district. The below map shows the position of ROWAN on CHAPEL LANE.