HOMELANDS, STUMP CROSS LANE, SWINESHEAD, BOSTON, PE20 3JJ - £218,000

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.

HOMELANDS is a large extended detached house of 124m², built sometime before 1900, which could now be worth an estimated £271,058. It was last sold for £218,000 in January 2019, which was around 7% above the average January 2019 detached price in the Boston local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was A.

HOMELANDS Sold Prices

Land registry data shows two sales for HOMELANDS 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. One of the two HOMELANDS 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
2019 3 JAN	£218,000	£204,322	7% above HPI
2008 8 FEB	£175,000	£186,015	6% below HPI

HOMELANDS 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 HOMELANDS sales from February 2008 and January 2019 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 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might HOMELANDS be worth now?

HOMELANDS might now be worth an estimated £271,058.

This is based on house price inflation of 24.3%, between January 2019 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 24.3% inflationary increase is applied to the most recent sale price for HOMELANDS of £218,000 on 3rd January 2019. For the value to have increased from £218,000 to £271,058 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of HOMELANDS has moved in line with the HPI for detached houses in the Boston local authority area.
• The January 2019 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of HOMELANDS has not materially changed since January 2019.

How Large is HOMELANDS?

HOMELANDS is 124m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% 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 HOMELANDS lies on this distribution: 66% of detached houses houses are smaller than HOMELANDS, and 33% of houses are larger. Note that EPC data is not available for all properties in Swineshead.

HOMELANDS: Plot and Title Map

HOMELANDS sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of HOMELANDS, 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 HOMELANDS). 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 HOMELANDS?

HOMELANDS is located on STUMP CROSS LANE in SWINESHEAD, in the PE20 postcode district. The below map shows the position of HOMELANDS on STUMP CROSS LANE.