38, COOKS LOCK, BOSTON, PE21 7PW - £145,000

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

38 COOKS LOCK is a very small detached house of 73m², built sometime between 2003 and 2006. It was last sold for £145,000 in May 2006, which was around 13% below the average May 2006 detached price in the Boston local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

38 COOKS LOCK Sold Prices

Land registry data shows three sales for 38 COOKS LOCK 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. Two of the three 38 COOKS LOCK sales were for below the average price, whilst one 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
2006 23 MAY	£145,000	£166,608	13% below HPI
2003 3 JUL	£139,950	£141,556	1% below HPI
2000 25 FEB	£72,950	£64,297	13% above HPI

38 COOKS LOCK 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 38 COOKS LOCK sales between February 2000 and May 2006 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 July 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2006 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 38 COOKS LOCK?

38 COOKS LOCK is 73m² according to the EPC inspection conducted in June 2020. 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 38 COOKS LOCK lies on this distribution: 11% of detached houses are smaller than 38 COOKS LOCK, and 88% of houses are larger. Note that EPC data is not available for all properties in Boston.

38 COOKS LOCK: Plot and Title Map

38 COOKS LOCK sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 38 COOKS LOCK, 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 38 COOKS LOCK). 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 38 COOKS LOCK?

38 COOKS LOCK is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 38 on COOKS LOCK.