2, GEDNEY CLOSE, BICKER, BOSTON, PE20 3DE - £189,950

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 GEDNEY CLOSE is a very small detached house of 92m², built sometime between 2003 and 2006, which could now be worth an estimated £273,134. It was last sold for £189,950 in August 2014, which was around 8% above the average August 2014 detached price in the Boston local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

2 GEDNEY CLOSE Sold Prices

Land registry data shows two sales for 2 GEDNEY CLOSE 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 2 GEDNEY CLOSE sales were for above 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
2014 8 AUG	£189,950	£176,679	8% above HPI
2005 30 SEP	£188,950	£164,893	15% above HPI

2 GEDNEY 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 two 2 GEDNEY CLOSE sales from September 2005 and August 2014 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 September 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2014 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 2 GEDNEY CLOSE be worth now?

2 GEDNEY CLOSE might now be worth an estimated £273,134.

This is based on house price inflation of 43.8%, between August 2014 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 43.8% inflationary increase is applied to the most recent sale price for 2 GEDNEY CLOSE of £189,950 on 8th August 2014. For the value to have increased from £189,950 to £273,134 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 2 GEDNEY CLOSE has moved in line with the HPI for detached houses in the Boston local authority area.
• The August 2014 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 2 GEDNEY CLOSE has not materially changed since August 2014.

How Large is 2 GEDNEY CLOSE?

2 GEDNEY CLOSE is 92m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of detached houses houses in Bicker, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicker, and where 2 GEDNEY CLOSE lies on this distribution: 18% of detached houses houses are smaller than 2 GEDNEY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bicker.

2 GEDNEY CLOSE: Plot and Title Map

2 GEDNEY CLOSE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 2 GEDNEY 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 GEDNEY 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 GEDNEY CLOSE?

2 GEDNEY CLOSE is located in BICKER, in the PE20 postcode district. The below map shows the position of No. 2 on GEDNEY CLOSE.