38, JOY PAINE CLOSE, BOSTON, PE21 8DX - £180,750

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 JOY PAINE CLOSE is a small detached house of 87m², built sometime between 2003 and 2006. It was last sold for £180,750 in April 2022, which was around 30% below the average April 2022 detached price in the Boston local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

38 JOY PAINE CLOSE Sold Prices

Land registry data shows three sales for 38 JOY PAINE CLOSE 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 38 JOY PAINE CLOSE 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
2022 22 APR	£180,750	£258,036	30% below HPI
2016 13 JUN	£131,500	£196,385	33% below HPI
2003 8 AUG	£87,000	£144,282	40% below HPI

38 JOY PAINE 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 three 38 JOY PAINE CLOSE sales between August 2003 and April 2022 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 June 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 38 JOY PAINE CLOSE?

38 JOY PAINE CLOSE is 87m² according to the EPC inspection conducted in December 2021. 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 38 JOY PAINE CLOSE lies on this distribution: 28% of detached houses are smaller than 38 JOY PAINE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Boston.

38 JOY PAINE CLOSE: Plot and Title Map

38 JOY PAINE CLOSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 38 JOY PAINE 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 38 JOY PAINE 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 38 JOY PAINE CLOSE?

38 JOY PAINE CLOSE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 38 on JOY PAINE CLOSE.