34, PETER PAINE CLOSE, BUTTERWICK, BOSTON, PE22 0HA - £118,500

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.

34 PETER PAINE CLOSE is a very small extended terraced house of 42m², built sometime between 1967 and 1975, which could now be worth an estimated £153,729. It was last sold for £118,500 in September 2017, which was around 20% above the average September 2017 terraced price in the Boston local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was A.

34 PETER PAINE CLOSE Sold Prices

Land registry data shows six sales for 34 PETER PAINE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Boston local authority area for the corresponding sale date. Most of the six 34 PETER PAINE 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
2017 15 SEP	£118,500	£98,934	20% above HPI
2015 23 OCT	£65,000	£90,726	28% below HPI
2004 26 MAR	£58,000	£67,829	14% below HPI
2002 19 AUG	£45,500	£47,158	4% below HPI
2000 14 SEP	£26,850	£31,588	15% below HPI
1998 13 AUG	£20,000	£27,486	27% below HPI

34 PETER PAINE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Boston local authority area over time, sourced from the HPI. The six 34 PETER PAINE CLOSE sales between August 1998 and September 2017 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 October 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2017 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 34 PETER PAINE CLOSE be worth now?

34 PETER PAINE CLOSE might now be worth an estimated £153,729.

This is based on house price inflation of 29.7%, between September 2017 and August 2025, for terraced 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 29.7% inflationary increase is applied to the most recent sale price for 34 PETER PAINE CLOSE of £118,500 on 15th September 2017. For the value to have increased from £118,500 to £153,729 over the eight years and one month to August 2025, the following assumptions must hold true:

• The value of 34 PETER PAINE CLOSE has moved in line with the HPI for terraced houses in the Boston local authority area.
• The September 2017 sale price of £118,500 represented a fair market value for the property.
• The size, condition, and specification of 34 PETER PAINE CLOSE has not materially changed since September 2017.

How Large is 34 PETER PAINE CLOSE?

34 PETER PAINE CLOSE is 42m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of terraced houses houses in Butterwick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Butterwick, and where 34 PETER PAINE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 34 PETER PAINE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Butterwick.

34 PETER PAINE CLOSE: Plot and Title Map

34 PETER PAINE CLOSE sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 34 PETER PAINE 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 34 PETER PAINE 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 34 PETER PAINE CLOSE?

34 PETER PAINE CLOSE is located in BUTTERWICK, in the PE22 postcode district. The below map shows the position of No. 34 on PETER PAINE CLOSE.