38, COOKS LOCK, BOSTON, PE21 7PW - £145,000

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.

38 COOKS LOCK is a very small detached house of 73m², built sometime between 2003 and 2006, which could now be worth an estimated £224,257. It was last sold for £145,000 in May 2006, which was around 12% below the average May 2006 detached price in the Boston local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

38 COOKS LOCK Sold Prices

Land registry data shows three sales for 38 COOKS LOCK 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. The three 38 COOKS LOCK sales were a mix of below the average price, roughly equal to the average price, and 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
2006 23 MAY	£145,000	£164,264	12% below HPI
2003 3 JUL	£139,950	£139,565	Close to HPI
2000 25 FEB	£72,950	£63,393	15% above HPI

38 COOKS LOCK 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 38 COOKS LOCK sales between February 2000 and May 2006 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 July 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2006 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 38 COOKS LOCK be worth now?

38 COOKS LOCK might now be worth an estimated £224,257.

This is based on house price inflation of 54.7%, between May 2006 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 54.7% inflationary increase is applied to the most recent sale price for 38 COOKS LOCK of £145,000 on 23rd May 2006. For the value to have increased from £145,000 to £224,257 over the nineteen years and three months to February 2025, the following assumptions must hold true:

• The value of 38 COOKS LOCK has moved in line with the HPI for detached houses in the Boston local authority area.
• The May 2006 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 38 COOKS LOCK has not materially changed since May 2006.

How Large is 38 COOKS LOCK?

38 COOKS LOCK is 73m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% 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 38 COOKS LOCK lies on this distribution: 11% of detached houses houses are smaller than 38 COOKS LOCK, and 88% of houses are larger. Note that EPC data is not available for all properties in Boston.

38 COOKS LOCK: Plot and Title Map

38 COOKS LOCK sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 38 COOKS LOCK, 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 38 COOKS LOCK). 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 38 COOKS LOCK?

38 COOKS LOCK is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 38 on COOKS LOCK.