1A, PACKHORSE LANE, SWINESHEAD, BOSTON, PE20 3JE - £162,500

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

1A PACKHORSE LANE is a very small detached house of 70m², built sometime between 2003 and 2006. It was last sold for £162,500 in February 2021, which was around 27% below the average February 2021 detached price in the Boston local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

1A PACKHORSE LANE Sold Prices

Land registry data shows two sales for 1A PACKHORSE LANE 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 1A PACKHORSE LANE 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
2021 4 FEB	£162,500	£222,901	27% below HPI
2012 6 SEP	£122,000	£160,346	24% below HPI

1A PACKHORSE LANE 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 1A PACKHORSE LANE sales from September 2012 and February 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 September 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1A PACKHORSE LANE?

1A PACKHORSE LANE is 70m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses in Swineshead, based on EPC data. The below chart shows the distribution of detached houses by size in Swineshead, and where 1A PACKHORSE LANE lies on this distribution: 11% of detached houses are smaller than 1A PACKHORSE LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Swineshead.

1A PACKHORSE LANE: Plot and Title Map

1A PACKHORSE LANE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 1A PACKHORSE LANE, 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 1A PACKHORSE LANE). 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 1A PACKHORSE LANE?

1A PACKHORSE LANE is located in SWINESHEAD, in the PE20 postcode district. The below map shows the position of No. 1A on PACKHORSE LANE.