GAMBLES, BROADFIELD LANE, BOSTON, PE21 8DS - £132,000

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.

GAMBLES is a large extended detached house of 124m², built sometime between 1930 and 1949, which could now be worth an estimated £216,134. It was last sold for £132,000 in July 2012, which was around 15% below the average July 2012 detached price in the Boston local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

GAMBLES Sold Prices

Land registry data shows three sales for GAMBLES 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 GAMBLES 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
2012 27 JUL	£132,000	£155,157	15% below HPI
1998 22 DEC	£57,000	£61,130	7% below HPI
1997 23 MAY	£65,000	£57,609	13% above HPI

GAMBLES 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 GAMBLES sales between May 1997 and July 2012 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 1998 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2012 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might GAMBLES be worth now?

GAMBLES might now be worth an estimated £216,134.

This is based on house price inflation of 63.7%, between July 2012 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 63.7% inflationary increase is applied to the most recent sale price for GAMBLES of £132,000 on 27th July 2012. For the value to have increased from £132,000 to £216,134 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of GAMBLES has moved in line with the HPI for detached houses in the Boston local authority area.
• The July 2012 sale price of £132,000 represented a fair market value for the property.
• The size, condition, and specification of GAMBLES has not materially changed since July 2012.

How Large is GAMBLES?

GAMBLES is 124m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses houses in Boston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boston, and where GAMBLES lies on this distribution: 68% of detached houses houses are smaller than GAMBLES, and 31% of houses are larger. Note that EPC data is not available for all properties in Boston.

GAMBLES: Plot and Title Map

GAMBLES sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of GAMBLES, 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 GAMBLES). 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 GAMBLES?

GAMBLES is located on BROADFIELD LANE in BOSTON, in the PE21 postcode district. The below map shows the position of GAMBLES on BROADFIELD LANE.