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

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.

1A PACKHORSE LANE is a very small detached house of 70m², built sometime between 2003 and 2006, which could now be worth an estimated £187,852. It was last sold for £162,500 in February 2021, which was around 26% 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	£219,765	26% below HPI
2012 6 SEP	£122,000	£158,091	23% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1A PACKHORSE LANE be worth now?

1A PACKHORSE LANE might now be worth an estimated £187,852.

This is based on house price inflation of 15.6%, between February 2021 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 15.6% inflationary increase is applied to the most recent sale price for 1A PACKHORSE LANE of £162,500 on 4th February 2021. For the value to have increased from £162,500 to £187,852 over the four years to February 2025, the following assumptions must hold true:

• The value of 1A PACKHORSE LANE has moved in line with the HPI for detached houses in the Boston local authority area.
• The February 2021 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 1A PACKHORSE LANE has not materially changed since February 2021.

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 houses in Swineshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swineshead, and where 1A PACKHORSE LANE lies on this distribution: 11% of detached houses 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.