FAIRMONT, STATION ROAD, SWINESHEAD, BOSTON, PE20 3NX - £397,000

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

FAIRMONT is a very large semi-detached house of 149m², built sometime between 2003 and 2006, which could now be worth an estimated £430,448. It was last sold for £397,000 in October 2021, which was around 157% above the average October 2021 semi-detached price in the Boston local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was A.

FAIRMONT Sold Prices

Land registry data shows two sales for FAIRMONT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Boston local authority area for the corresponding sale date. Both of the two FAIRMONT 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
2021 22 OCT	£397,000	£154,345	157% above HPI
2007 30 JUL	£247,500	£120,235	106% above HPI

FAIRMONT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Boston local authority area over time, sourced from the HPI. The two FAIRMONT sales from July 2007 and October 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 July 2007 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the October 2021 sale, where it rises to 157% above the HPI. The line then continues to track at 157% above the HPI.

What might FAIRMONT be worth now?

FAIRMONT might now be worth an estimated £430,448.

This is based on house price inflation of 8.4%, between October 2021 and February 2025, for semi-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 8.4% inflationary increase is applied to the most recent sale price for FAIRMONT of £397,000 on 22nd October 2021. For the value to have increased from £397,000 to £430,448 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of FAIRMONT has moved in line with the HPI for semi-detached houses in the Boston local authority area.
• The October 2021 sale price of £397,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRMONT has not materially changed since October 2021.

How Large is FAIRMONT?

FAIRMONT is 149m² according to the EPC inspection conducted in June 2021. This puts it in the largest 20% of semi-detached houses houses in Swineshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Swineshead, and where FAIRMONT lies on this distribution: 82% of semi-detached houses houses are smaller than FAIRMONT, and 17% of houses are larger. Note that EPC data is not available for all properties in Swineshead.

FAIRMONT: Plot and Title Map

FAIRMONT sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of FAIRMONT, 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 FAIRMONT). 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 FAIRMONT?

FAIRMONT is located on STATION ROAD in SWINESHEAD, in the PE20 postcode district. The below map shows the position of FAIRMONT on STATION ROAD.