2, REAMS CLOSE, FISHTOFT, BOSTON, PE21 0LL - £105,000

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.

2 REAMS CLOSE is a very small semi-detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £155,763. It was last sold for £105,000 in January 2015, which was around 7% below the average January 2015 semi-detached price in the Boston local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

2 REAMS CLOSE Sold Prices

Land registry data shows four sales for 2 REAMS 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. Most of the four 2 REAMS CLOSE sales were for below 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
2015 15 JAN	£105,000	£112,810	7% below HPI
2004 23 AUG	£96,500	£98,839	2% below HPI
2001 9 MAR	£46,500	£43,634	7% above HPI
1999 24 SEP	£35,795	£38,658	7% below HPI

2 REAMS 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 2 REAMS CLOSE sales between September 1999 and January 2015 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 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2015 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 REAMS CLOSE be worth now?

2 REAMS CLOSE might now be worth an estimated £155,763.

This is based on house price inflation of 48.3%, between January 2015 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 48.3% inflationary increase is applied to the most recent sale price for 2 REAMS CLOSE of £105,000 on 15th January 2015. For the value to have increased from £105,000 to £155,763 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 REAMS CLOSE has moved in line with the HPI for semi-detached houses in the Boston local authority area.
• The January 2015 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REAMS CLOSE has not materially changed since January 2015.

How Large is 2 REAMS CLOSE?

2 REAMS CLOSE is 56m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% 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 2 REAMS CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 2 REAMS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Boston.

2 REAMS CLOSE: Plot and Title Map

2 REAMS CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 2 REAMS 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 2 REAMS 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 2 REAMS CLOSE?

2 REAMS CLOSE is located in FISHTOFT, in the PE21 postcode district. The below map shows the position of No. 2 on REAMS CLOSE.