LANCASTER HOUSE, MILL LANE, SWINESHEAD, BOSTON, PE20 3PE - £270,000

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.

LANCASTER HOUSE is a large extended detached house of 144m², built sometime between 1950 and 1966, which could now be worth an estimated £326,397. It was last sold for £270,000 in August 2019, which was around 26% above the average August 2019 detached price in the Boston local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was C.

LANCASTER HOUSE Sold Prices

Land registry data shows two sales for LANCASTER HOUSE 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. Both of the two LANCASTER HOUSE 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
2019 23 AUG	£270,000	£213,688	26% above HPI
2013 19 MAR	£174,000	£151,431	15% above HPI

LANCASTER HOUSE 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 LANCASTER HOUSE sales from March 2013 and August 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 March 2013 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2019 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might LANCASTER HOUSE be worth now?

LANCASTER HOUSE might now be worth an estimated £326,397.

This is based on house price inflation of 20.9%, between August 2019 and March 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 20.9% inflationary increase is applied to the most recent sale price for LANCASTER HOUSE of £270,000 on 23rd August 2019. For the value to have increased from £270,000 to £326,397 over the six years and five months to March 2025, the following assumptions must hold true:

• The value of LANCASTER HOUSE has moved in line with the HPI for detached houses in the Boston local authority area.
• The August 2019 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of LANCASTER HOUSE has not materially changed since August 2019.

How Large is LANCASTER HOUSE?

LANCASTER HOUSE is 144m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 30% 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 LANCASTER HOUSE lies on this distribution: 79% of detached houses houses are smaller than LANCASTER HOUSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Swineshead.

LANCASTER HOUSE: Plot and Title Map

LANCASTER HOUSE sits on a plot of roughly 0.266 of an acre, or 1,076m². The below map shows the location of LANCASTER HOUSE, 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 LANCASTER HOUSE). 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 LANCASTER HOUSE?

LANCASTER HOUSE is located on MILL LANE in SWINESHEAD, in the PE20 postcode district. The below map shows the position of LANCASTER HOUSE on MILL LANE.