5, ZARA CLOSE, BOSTON, PE21 9BH - £89,000

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

5 ZARA CLOSE is a very large detached house of 179m², built sometime between 1991 and 1995. It was last sold for £89,000 in October 2001, which was around 3% below the average October 2001 detached price in the Boston local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

5 ZARA CLOSE Sold Prices

Land registry data shows two sales for 5 ZARA 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. One of the two 5 ZARA CLOSE sales was for below the average price, whilst the other 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
2001 1 OCT	£89,000	£91,751	3% below HPI
1998 31 JUL	£64,500	£60,698	6% above HPI

5 ZARA 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 5 ZARA CLOSE sales from July 1998 and October 2001 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 1998 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2001 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 5 ZARA CLOSE?

5 ZARA CLOSE is 179m² according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses in Boston, based on EPC data. The below chart shows the distribution of detached houses by size in Boston, and where 5 ZARA CLOSE lies on this distribution: 92% of detached houses are smaller than 5 ZARA CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Boston.

5 ZARA CLOSE: Plot and Title Map

5 ZARA CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 5 ZARA 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 ZARA 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 ZARA CLOSE?

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