2, CHESTNUT ROAD, BOSTON, PE21 0BU - £144,950

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

2 CHESTNUT ROAD is a very small extended detached house of 68m², built sometime between 1983 and 1990. It was last sold for £144,950 in March 2008, which was around 20% below the average March 2008 detached price in the Boston local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

2 CHESTNUT ROAD Sold Prices

Land registry data shows three sales for 2 CHESTNUT ROAD 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 2 CHESTNUT ROAD 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
2008 20 MAR	£144,950	£181,516	20% below HPI
2002 1 MAR	£76,000	£92,596	18% below HPI
1999 25 FEB	£47,500	£62,011	23% below HPI

2 CHESTNUT ROAD 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 2 CHESTNUT ROAD sales between February 1999 and March 2008 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 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2008 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 CHESTNUT ROAD?

2 CHESTNUT ROAD is 68m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 2 CHESTNUT ROAD lies on this distribution: 7% of detached houses are smaller than 2 CHESTNUT ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Boston.

2 CHESTNUT ROAD: Plot and Title Map

2 CHESTNUT ROAD sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 2 CHESTNUT ROAD, 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 2 CHESTNUT ROAD). 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 2 CHESTNUT ROAD?

2 CHESTNUT ROAD is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 2 on CHESTNUT ROAD.