5, OLDMAN CLOSE, BOSTON, PE21 7GD - £144,000

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.

5 OLDMAN CLOSE is a very small semi-detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £204,371. It was last sold for £144,000 in March 2016, which was around 22% above the average March 2016 semi-detached price in the Boston local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

5 OLDMAN CLOSE Sold Prices

Land registry data shows four sales for 5 OLDMAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Boston local authority area for the corresponding sale date. All of the four 5 OLDMAN 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 24 MAR	£144,000	£117,914	22% above HPI
2013 9 DEC	£130,000	£103,044	26% above HPI
2010 26 AUG	£129,000	£107,219	20% above HPI
2007 25 JUN	£133,000	£118,778	12% above HPI

5 OLDMAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Boston local authority area over time, sourced from the HPI. The four 5 OLDMAN CLOSE sales between June 2007 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 December 2013 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2016 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 5 OLDMAN CLOSE be worth now?

5 OLDMAN CLOSE might now be worth an estimated £204,371.

This is based on house price inflation of 41.9%, between March 2016 and February 2025, for semi-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 41.9% inflationary increase is applied to the most recent sale price for 5 OLDMAN CLOSE of £144,000 on 24th March 2016. For the value to have increased from £144,000 to £204,371 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 5 OLDMAN CLOSE has moved in line with the HPI for semi-detached houses in the Boston local authority area.
• The March 2016 sale price of £144,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OLDMAN CLOSE has not materially changed since March 2016.

How Large is 5 OLDMAN CLOSE?

5 OLDMAN CLOSE is 75m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of semi-detached houses houses in Boston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Boston, and where 5 OLDMAN CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 5 OLDMAN CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Boston.

5 OLDMAN CLOSE: Plot and Title Map

5 OLDMAN CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 5 OLDMAN 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 5 OLDMAN 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 5 OLDMAN CLOSE?

5 OLDMAN CLOSE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 5 on OLDMAN CLOSE.