31, BESANT CLOSE, SIBSEY, BOSTON, PE22 0RP - £195,000

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.

31 BESANT CLOSE is a large detached house of 130m², built sometime between 1996 and 2002, which could now be worth an estimated £278,756. It was last sold for £195,000 in December 2016, which was around 3% below the average December 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

31 BESANT CLOSE Sold Prices

Land registry data shows four sales for 31 BESANT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. two of the four 31 BESANT CLOSE sales were for below the average price, and four 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 9 DEC	£195,000	£200,244	3% below HPI
2011 25 AUG	£152,000	£171,046	11% below HPI
2003 24 OCT	£150,000	£139,872	7% above HPI
1999 24 SEP	£69,950	£69,473	1% above HPI

31 BESANT 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 four 31 BESANT CLOSE sales between September 1999 and December 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 August 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2016 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 31 BESANT CLOSE be worth now?

31 BESANT CLOSE might now be worth an estimated £278,756.

This is based on house price inflation of 43%, between December 2016 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43% inflationary increase is applied to the most recent sale price for 31 BESANT CLOSE of £195,000 on 9th December 2016. For the value to have increased from £195,000 to £278,756 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 31 BESANT CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2016 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 31 BESANT CLOSE has not materially changed since December 2016.

How Large is 31 BESANT CLOSE?

31 BESANT CLOSE is 130m² according to the EPC inspection conducted in July 2011. This puts it in the largest 40% of detached houses houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sibsey, and where 31 BESANT CLOSE lies on this distribution: 67% of detached houses houses are smaller than 31 BESANT CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Sibsey.

31 BESANT CLOSE: Plot and Title Map

31 BESANT CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 31 BESANT 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 31 BESANT 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 31 BESANT CLOSE?

31 BESANT CLOSE is located in SIBSEY, in the PE22 postcode district. The below map shows the position of No. 31 on BESANT CLOSE.