2, Park Lane
2, Park Lane
Description & Estimates
2, Park Lane, Boston is recorded publicly as a mid-century freehold house across 904 ft2 of internal area, sitting on a 394 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Park Lane, Boston is £169,042 and its rental estimate is £837 per month, given the available information and assuming reasonable condition.
Park Lane, Freiston, Boston, PE22 falls within the PE22 postal district, in the borough of Boston.
Our Data Sources
2, Park Lane, Boston has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Park Lane, Boston, we estimate a market value of £177,494 and a rental value of £878 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £157,209 and £778 per month respectively.
Recent Market Change
Over the last year, 2, Park Lane, Boston has seen its estimated sale value decrease by £5,314 (3.1%) and its estimated rental value grow by £27 per month (3.2%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 2, Park Lane, Boston as measuring 394 m2.
That makes it the 5th largest plot in the postcode, where 28 of the 34 other houses have recorded plot data.
Energy Efficiency
2, Park Lane, Boston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Park Lane, Boston completed on 14th June 2021 at £140,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 15.6% over the period since June 2021.
- Sold Jun 2021£140,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Park Lane, Boston have sold within a radius of 2.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th November 2023, was 23, Park Lane, Boston, PE22 0NR, a freehold house which sold for £162,500.
Read more about house prices in PE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 34 addresses on Park Lane, Freiston, Boston, PE22, 2, Park Lane, Boston comes out as the 24th largest and the 26th most expensive in our analysis of the public data.
It is also £72k less expensive than the average property across the PE22 district.
More reading links
Schools Nearby
- 900mThe Butterwick Pinchbeck's Endowed CofE Primary School
- 2.4kmFishtoft Academy
- 2.5kmHawthorn Tree School
- 4.1kmBoston High School
- 4.6kmThe Boston Grammar School
- 5.1kmHaven High Academy
More reading links
Public Transport Nearby
From 2, Park Lane, Boston, the nearest station is Boston, 5.3 kilometres away.
- 5.3kmBoston
- 10.6kmHubberts Bridge
- 15.8kmSwineshead
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
