9, FRIARS GATE, BOSTON, PE21 8BF - £140,000

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.

9 FRIARS GATE is a midsized terraced house of 112m², built sometime between 2003 and 2006, which could now be worth an estimated £171,911. It was last sold for £140,000 in August 2018, which was around 39% above the average August 2018 terraced price in the Boston local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

9 FRIARS GATE Sold Prices

Land registry data shows two sales for 9 FRIARS GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Boston local authority area for the corresponding sale date. Both of the two 9 FRIARS GATE 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
2018 3 AUG	£140,000	£100,784	39% above HPI
2004 17 DEC	£135,950	£81,723	66% above HPI

9 FRIARS GATE 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 two 9 FRIARS GATE sales from December 2004 and August 2018 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 December 2004 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the August 2018 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 9 FRIARS GATE be worth now?

9 FRIARS GATE might now be worth an estimated £171,911.

This is based on house price inflation of 22.8%, between August 2018 and May 2026, 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 22.8% inflationary increase is applied to the most recent sale price for 9 FRIARS GATE of £140,000 on 3rd August 2018. For the value to have increased from £140,000 to £171,911 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 9 FRIARS GATE has moved in line with the HPI for terraced houses in the Boston local authority area.
• The August 2018 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 9 FRIARS GATE has not materially changed since August 2018.

How Large is 9 FRIARS GATE?

9 FRIARS GATE is 112m² according to the EPC inspection conducted in February 2018. This puts it in the largest 50% of terraced houses houses in Boston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Boston, and where 9 FRIARS GATE lies on this distribution: 57% of terraced houses houses are smaller than 9 FRIARS GATE, and 42% of houses are larger. Note that EPC data is not available for all properties in Boston.

9 FRIARS GATE: Plot and Title Map

9 FRIARS GATE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 9 FRIARS GATE, 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 9 FRIARS GATE). 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 9 FRIARS GATE?

9 FRIARS GATE is located in BOSTON, in the PE21 postcode district. The below map shows the position of No. 9 on FRIARS GATE.