2, THORNTON CLOSE, GIPSEY BRIDGE, BOSTON, PE22 7BX - £235,000

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

2 THORNTON CLOSE is a small detached house of 95m², built sometime between 1950 and 1966. It was last sold for £235,000 in January 2019, which was around 5% above the average January 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

2 THORNTON CLOSE Sold Prices

Land registry data shows two sales for 2 THORNTON 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 East Lindsey local authority area for the corresponding sale date. One of the two 2 THORNTON CLOSE sales was for above the average price, whilst the other was roughly equal to 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
2019 25 JAN	£235,000	£223,095	5% above HPI
2005 26 AUG	£168,000	£168,117	Close to HPI

2 THORNTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 2 THORNTON CLOSE sales from August 2005 and January 2019 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 August 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 2 THORNTON CLOSE?

2 THORNTON CLOSE is 95m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of detached houses in Gipsey Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Gipsey Bridge, and where 2 THORNTON CLOSE lies on this distribution: 24% of detached houses are smaller than 2 THORNTON CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Gipsey Bridge.

2 THORNTON CLOSE: Plot and Title Map

2 THORNTON CLOSE sits on a plot of roughly 0.239 of an acre, or 967m². The below map shows the location of 2 THORNTON 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 THORNTON 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 THORNTON CLOSE?

2 THORNTON CLOSE is located in GIPSEY BRIDGE, in the PE22 postcode district. The below map shows the position of No. 2 on THORNTON CLOSE.