HOMELAND, DRAYTON, SWINESHEAD, BOSTON, PE20 3JP - £197,000

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.

HOMELAND is a midsized extended detached house of 104m², built sometime between 1991 and 1995, which could now be worth an estimated £305,723. It was last sold for £197,000 in October 2010, which was around 20% above the average October 2010 detached price in the Boston local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

HOMELAND Sold Prices

Land registry data shows three sales for HOMELAND since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Boston local authority area for the corresponding sale date. All of the three HOMELAND 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
2010 8 OCT	£197,000	£163,704	20% above HPI
1999 2 FEB	£100,000	£61,139	64% above HPI
1997 16 JUL	£85,000	£58,277	46% above HPI

HOMELAND 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 three HOMELAND sales between July 1997 and October 2010 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 February 1999 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the October 2010 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might HOMELAND be worth now?

HOMELAND might now be worth an estimated £305,723.

This is based on house price inflation of 55.2%, between October 2010 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 55.2% inflationary increase is applied to the most recent sale price for HOMELAND of £197,000 on 8th October 2010. For the value to have increased from £197,000 to £305,723 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of HOMELAND has moved in line with the HPI for detached houses in the Boston local authority area.
• The October 2010 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of HOMELAND has not materially changed since October 2010.

How Large is HOMELAND?

HOMELAND is 104m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% 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 HOMELAND lies on this distribution: 46% of detached houses houses are smaller than HOMELAND, and 54% of houses are larger. Note that EPC data is not available for all properties in Swineshead.

HOMELAND: Plot and Title Map

HOMELAND sits on a plot of roughly 0.605 of an acre, or 2,448m². The below map shows the location of HOMELAND, 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 HOMELAND). 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 HOMELAND?

HOMELAND is located on DRAYTON in SWINESHEAD, in the PE20 postcode district. The below map shows the position of HOMELAND on DRAYTON.