12, GARFITS LANE, BOSTON, PE21 7ES - £136,500

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

12 GARFITS LANE is a small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £136,500 in March 2015, which was around 24% below the average March 2015 detached price in the Boston local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

12 GARFITS LANE Sold Prices

Land registry data shows two sales for 12 GARFITS LANE 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 12 GARFITS LANE 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
2015 17 MAR	£136,500	£179,333	24% below HPI
2005 16 NOV	£132,000	£165,140	20% below HPI

12 GARFITS LANE 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 12 GARFITS LANE sales from November 2005 and March 2015 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 November 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 12 GARFITS LANE?

12 GARFITS LANE is 91m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 12 GARFITS LANE lies on this distribution: 33% of detached houses are smaller than 12 GARFITS LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Boston.

12 GARFITS LANE: Plot and Title Map

12 GARFITS LANE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 12 GARFITS LANE, 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 12 GARFITS LANE). 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 12 GARFITS LANE?

12 GARFITS LANE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 12 on GARFITS LANE.