2, FARTHING CLOSE, BOSTON, PE21 7LY - £236,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 FARTHING CLOSE is a large detached house of 120m², built sometime from 2007 onwards, which could now be worth an estimated £271,307. It was last sold for £236,000 in March 2021, which was around 7% above the average March 2021 detached price in the Boston local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 FARTHING CLOSE Sold Prices

Land registry data shows three sales for 2 FARTHING 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. The three 2 FARTHING CLOSE sales were a mix of above the average price, roughly equal to the average price, and 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
2021 19 MAR	£236,000	£220,990	7% above HPI
2010 19 NOV	£167,000	£167,487	Close to HPI
2008 28 NOV	£143,000	£159,889	11% below HPI

2 FARTHING 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 2 FARTHING CLOSE sales between November 2008 and March 2021 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 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 FARTHING CLOSE be worth now?

2 FARTHING CLOSE might now be worth an estimated £271,307.

This is based on house price inflation of 15%, between March 2021 and February 2025, for detached houses, in the Boston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for 2 FARTHING CLOSE of £236,000 on 19th March 2021. For the value to have increased from £236,000 to £271,307 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 2 FARTHING CLOSE has moved in line with the HPI for detached houses in the Boston local authority area.
• The March 2021 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FARTHING CLOSE has not materially changed since March 2021.

How Large is 2 FARTHING CLOSE?

2 FARTHING CLOSE is 120m² according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses houses in Boston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boston, and where 2 FARTHING CLOSE lies on this distribution: 64% of detached houses houses are smaller than 2 FARTHING CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Boston.

2 FARTHING CLOSE: Plot and Title Map

2 FARTHING CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2 FARTHING 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 2 FARTHING 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 2 FARTHING CLOSE?

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