3, FAIRFAX CLOSE, BOSTON, PE21 9QL - £190,000

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 FAIRFAX CLOSE is a small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £190,000 in October 2020, which was around 13% below the average October 2020 detached price in the Boston local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

3 FAIRFAX CLOSE Sold Prices

Land registry data shows two sales for 3 FAIRFAX 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. One of the two 3 FAIRFAX CLOSE sales was for below the average price, whilst the other was 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
2020 30 OCT	£190,000	£219,287	13% below HPI
1996 16 AUG	£60,000	£52,133	15% above HPI

3 FAIRFAX 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 3 FAIRFAX CLOSE sales from August 1996 and October 2020 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 1996 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 FAIRFAX CLOSE?

3 FAIRFAX CLOSE is 85m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% 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 FAIRFAX CLOSE lies on this distribution: 25% of detached houses are smaller than 3 FAIRFAX CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Boston.

3 FAIRFAX CLOSE: Plot and Title Map

3 FAIRFAX CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 3 FAIRFAX 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 3 FAIRFAX 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 3 FAIRFAX CLOSE?

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