4, GEDNEY CLOSE, BICKER, BOSTON, PE20 3DE - £171,000

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.

4 GEDNEY CLOSE is a small detached house of 99m², built sometime between 2003 and 2006, which could now be worth an estimated £287,856. It was last sold for £171,000 in May 2009, which was around 13% above the average May 2009 detached price in the Boston local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

4 GEDNEY CLOSE Sold Prices

Land registry data shows two sales for 4 GEDNEY 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 4 GEDNEY 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
2009 15 MAY	£171,000	£150,918	13% above HPI
2005 23 SEP	£178,500	£164,893	8% above HPI

4 GEDNEY 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 4 GEDNEY CLOSE sales from September 2005 and May 2009 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 September 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2009 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 4 GEDNEY CLOSE be worth now?

4 GEDNEY CLOSE might now be worth an estimated £287,856.

This is based on house price inflation of 68.3%, between May 2009 and February 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 68.3% inflationary increase is applied to the most recent sale price for 4 GEDNEY CLOSE of £171,000 on 15th May 2009. For the value to have increased from £171,000 to £287,856 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of 4 GEDNEY CLOSE has moved in line with the HPI for detached houses in the Boston local authority area.
• The May 2009 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GEDNEY CLOSE has not materially changed since May 2009.

How Large is 4 GEDNEY CLOSE?

4 GEDNEY CLOSE is 99m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 30% of detached houses houses in Bicker, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicker, and where 4 GEDNEY CLOSE lies on this distribution: 27% of detached houses houses are smaller than 4 GEDNEY CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Bicker.

4 GEDNEY CLOSE: Plot and Title Map

4 GEDNEY CLOSE sits on a plot of roughly 0.203 of an acre, or 820m². The below map shows the location of 4 GEDNEY 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 4 GEDNEY 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 4 GEDNEY CLOSE?

4 GEDNEY CLOSE is located in BICKER, in the PE20 postcode district. The below map shows the position of No. 4 on GEDNEY CLOSE.