3, CHESTNUT ROAD, BOSTON, PE21 0BU - £140,000

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

3 CHESTNUT ROAD is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £140,000 in December 2019, which was around 33% below the average December 2019 detached price in the Boston local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

3 CHESTNUT ROAD Sold Prices

Land registry data shows three sales for 3 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 3 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
2019 11 DEC	£140,000	£209,853	33% below HPI
2005 9 MAY	£135,000	£166,387	19% below HPI
1997 21 MAR	£48,250	£55,320	13% below HPI

3 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 3 CHESTNUT ROAD sales between March 1997 and December 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 May 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 CHESTNUT ROAD?

3 CHESTNUT ROAD is 74m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 3 CHESTNUT ROAD lies on this distribution: 13% of detached houses are smaller than 3 CHESTNUT ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Boston.

3 CHESTNUT ROAD: Plot and Title Map

3 CHESTNUT ROAD sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 3 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 3 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 3 CHESTNUT ROAD?

3 CHESTNUT ROAD is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 3 on CHESTNUT ROAD.