2, PACEY CLOSE, SWINDERBY, LINCOLN, LN6 9NA - £269,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 PACEY CLOSE is a midsized detached house of 124m², built sometime between 1976 and 1982, which could now be worth an estimated £390,594. It was last sold for £269,950 in October 2015, which was around 29% above the average October 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

2 PACEY CLOSE Sold Prices

Land registry data shows two sales for 2 PACEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the two 2 PACEY CLOSE sales was for above the average price, whilst the other was 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
2015 15 OCT	£269,950	£209,238	29% above HPI
2004 27 AUG	£120,000	£169,641	29% below HPI

2 PACEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 2 PACEY CLOSE sales from August 2004 and October 2015 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 August 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2015 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 PACEY CLOSE be worth now?

2 PACEY CLOSE might now be worth an estimated £390,594.

This is based on house price inflation of 44.7%, between October 2015 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.7% inflationary increase is applied to the most recent sale price for 2 PACEY CLOSE of £269,950 on 15th October 2015. For the value to have increased from £269,950 to £390,594 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 PACEY CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2015 sale price of £269,950 represented a fair market value for the property.
• The size, condition, and specification of 2 PACEY CLOSE has not materially changed since October 2015.

How Large is 2 PACEY CLOSE?

2 PACEY CLOSE is 124m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% of detached houses houses in Swinderby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swinderby, and where 2 PACEY CLOSE lies on this distribution: 48% of detached houses houses are smaller than 2 PACEY CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Swinderby.

2 PACEY CLOSE: Plot and Title Map

2 PACEY CLOSE sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of 2 PACEY 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 2 PACEY 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 2 PACEY CLOSE?

2 PACEY CLOSE is located in SWINDERBY, in the LN6 postcode district. The below map shows the position of No. 2 on PACEY CLOSE.