PERIBAR, RAYBROOK CLOSE, BOSTON, PE21 9LN - £232,000

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

PERIBAR is a large extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £232,000 in September 2023, which was around 12% below the average September 2023 detached price in the Boston local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was C.

PERIBAR Sold Prices

Land registry data shows two sales for PERIBAR 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 PERIBAR 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
2023 21 SEP	£232,000	£264,178	12% below HPI
1999 18 AUG	£74,000	£64,064	16% above HPI

PERIBAR 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 PERIBAR sales from August 1999 and September 2023 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 August 1999 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is PERIBAR?

PERIBAR is 140m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 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 PERIBAR lies on this distribution: 79% of detached houses are smaller than PERIBAR, and 21% of houses are larger. Note that EPC data is not available for all properties in Boston.

PERIBAR: Plot and Title Map

PERIBAR sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of PERIBAR, 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 PERIBAR). 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 PERIBAR?

PERIBAR is located on RAYBROOK CLOSE in BOSTON, in the PE21 postcode district. The below map shows the position of PERIBAR on RAYBROOK CLOSE.