BLACKSMITHS COTTAGE, HIGH STREET, SWINESHEAD, BOSTON, PE20 3LH - £227,500

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

BLACKSMITHS COTTAGE is a midsized extended detached house of 115m², built sometime between 1900 and 1929. It was last sold for £227,500 in March 2024, which was around 10% below the average March 2024 detached price in the Boston local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

BLACKSMITHS COTTAGE Sold Prices

Land registry data shows four sales for BLACKSMITHS COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the four BLACKSMITHS COTTAGE 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
2024 11 MAR	£227,500	£253,921	10% below HPI
2020 8 APR	£137,000	£210,907	35% below HPI
2007 14 SEP	£145,000	£190,496	24% below HPI
2003 12 DEC	£92,000	£148,982	38% below HPI

BLACKSMITHS COTTAGE 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 four BLACKSMITHS COTTAGE sales between December 2003 and March 2024 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 April 2020 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2024 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is BLACKSMITHS COTTAGE?

BLACKSMITHS COTTAGE is 115m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 50% of detached houses in Swineshead, based on EPC data. The below chart shows the distribution of detached houses by size in Swineshead, and where BLACKSMITHS COTTAGE lies on this distribution: 57% of detached houses are smaller than BLACKSMITHS COTTAGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Swineshead.

BLACKSMITHS COTTAGE: Plot and Title Map

BLACKSMITHS COTTAGE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of BLACKSMITHS COTTAGE, 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 BLACKSMITHS COTTAGE). 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 BLACKSMITHS COTTAGE?

BLACKSMITHS COTTAGE is located on HIGH STREET in SWINESHEAD, in the PE20 postcode district. The below map shows the position of BLACKSMITHS COTTAGE on HIGH STREET.