16, OLDMAN CLOSE, BOSTON, PE21 7GD - £265,000

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

16 OLDMAN CLOSE is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £265,000 in October 2022, which was around 1% below the average October 2022 detached price in the Boston local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

16 OLDMAN CLOSE Sold Prices

Land registry data shows three sales for 16 OLDMAN 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 16 OLDMAN 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
2022 21 OCT	£265,000	£267,981	1% below HPI
2011 31 MAR	£165,000	£167,911	2% below HPI
2007 16 JUL	£180,000	£185,737	3% below HPI

16 OLDMAN 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 16 OLDMAN CLOSE sales between July 2007 and October 2022 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 March 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 16 OLDMAN CLOSE?

16 OLDMAN CLOSE is 110m² according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 16 OLDMAN CLOSE lies on this distribution: 55% of detached houses are smaller than 16 OLDMAN CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Boston.

16 OLDMAN CLOSE: Plot and Title Map

16 OLDMAN CLOSE sits on a plot of roughly 0.072 of an acre, or 289m². The below map shows the location of 16 OLDMAN 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 16 OLDMAN 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 16 OLDMAN CLOSE?

16 OLDMAN CLOSE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 16 on OLDMAN CLOSE.