11, PETER PAINE CLOSE, BUTTERWICK, BOSTON, PE22 0HA - £120,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 PETER PAINE CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £120,000 in September 2016, which was around 40% below the average September 2016 detached price in the Boston local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was A.

11 PETER PAINE CLOSE Sold Prices

Land registry data shows three sales for 11 PETER PAINE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the three 11 PETER PAINE CLOSE 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
2016 16 SEP	£120,000	£198,674	40% below HPI
2015 24 APR	£120,000	£178,996	33% below HPI
2000 31 MAR	£48,500	£65,159	26% below HPI

11 PETER PAINE CLOSE 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 three 11 PETER PAINE CLOSE sales between March 2000 and September 2016 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 April 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 11 PETER PAINE CLOSE?

11 PETER PAINE CLOSE is 70m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses in Butterwick, based on EPC data. The below chart shows the distribution of detached houses by size in Butterwick, and where 11 PETER PAINE CLOSE lies on this distribution: 13% of detached houses are smaller than 11 PETER PAINE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Butterwick.

11 PETER PAINE CLOSE: Plot and Title Map

11 PETER PAINE CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 11 PETER PAINE CLOSE, 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 11 PETER PAINE CLOSE). 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 11 PETER PAINE CLOSE?

11 PETER PAINE CLOSE is located in BUTTERWICK, in the PE22 postcode district. The below map shows the position of No. 11 on PETER PAINE CLOSE.