3, SAIL CLOSE, BOSTON, PE21 7QY - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SAIL CLOSE is a small detached house of 89m², built sometime before 1900, which could now be worth an estimated £302,071. It was last sold for £215,000 in March 2016, which was around 17% above the average March 2016 detached price in the Boston local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

3 SAIL CLOSE Sold Prices

Land registry data shows two sales for 3 SAIL 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 3 SAIL 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
2016 4 MAR	£215,000	£183,862	17% above HPI
2009 15 MAY	£180,000	£150,918	19% above HPI

3 SAIL 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 SAIL CLOSE sales from May 2009 and March 2016 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 2009 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2016 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 3 SAIL CLOSE be worth now?

3 SAIL CLOSE might now be worth an estimated £302,071.

This is based on house price inflation of 40.5%, between March 2016 and March 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 40.5% inflationary increase is applied to the most recent sale price for 3 SAIL CLOSE of £215,000 on 4th March 2016. For the value to have increased from £215,000 to £302,071 over the nine years to March 2025, the following assumptions must hold true:

• The value of 3 SAIL CLOSE has moved in line with the HPI for detached houses in the Boston local authority area.
• The March 2016 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SAIL CLOSE has not materially changed since March 2016.

How Large is 3 SAIL CLOSE?

3 SAIL CLOSE is 89m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 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 3 SAIL CLOSE lies on this distribution: 30% of detached houses houses are smaller than 3 SAIL CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Boston.

3 SAIL CLOSE: Plot and Title Map

3 SAIL CLOSE sits on a plot of roughly 0.563 of an acre, or 2,279m². The below map shows the location of 3 SAIL 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 SAIL 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 SAIL CLOSE?

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