TOOT FARM, TOOT LANE, BOSTON, PE21 0AX - £500,000

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

TOOT FARM is a very large extended detached house of 249m², built sometime before 1900. It was last sold for £500,000 in May 2021, which was around 120% above the average May 2021 detached price in the Boston local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

TOOT FARM Sold Prices

Land registry data shows two sales for TOOT FARM 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 TOOT FARM 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
2021 14 MAY	£500,000	£226,830	120% above HPI
2014 18 NOV	£250,000	£172,250	45% above HPI

TOOT FARM 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 TOOT FARM sales from November 2014 and May 2021 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 November 2014 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the May 2021 sale, where it rises to 120% above the HPI. The line then continues to track at 120% above the HPI.

How Large is TOOT FARM?

TOOT FARM is 249m², which includes three extensions, according to the EPC inspection conducted in September 2019. 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 TOOT FARM lies on this distribution: 99% of detached houses are smaller than TOOT FARM, and 1% of houses are larger. Note that EPC data is not available for all properties in Boston.

TOOT FARM: Plot and Title Map

TOOT FARM sits on a plot of roughly 1.1 acres, or 4,559m². The below map shows the location of TOOT FARM, 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 TOOT FARM). 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 TOOT FARM?

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