NEWHOLME, HIGH STREET, SWINESHEAD, BOSTON, PE20 3LH - £139,950

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.

NEWHOLME is a very small detached house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £171,820. It was last sold for £139,950 in January 2020, which was around 32% below the average January 2020 detached price in the Boston local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was A.

NEWHOLME Sold Prices

Land registry data shows two sales for NEWHOLME 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 NEWHOLME 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
2020 29 JAN	£139,950	£206,929	32% below HPI
2000 14 APR	£55,000	£66,798	18% below HPI

NEWHOLME 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 NEWHOLME sales from April 2000 and January 2020 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 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might NEWHOLME be worth now?

NEWHOLME might now be worth an estimated £171,820.

This is based on house price inflation of 22.8%, between January 2020 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 22.8% inflationary increase is applied to the most recent sale price for NEWHOLME of £139,950 on 29th January 2020. For the value to have increased from £139,950 to £171,820 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of NEWHOLME has moved in line with the HPI for detached houses in the Boston local authority area.
• The January 2020 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of NEWHOLME has not materially changed since January 2020.

How Large is NEWHOLME?

NEWHOLME is 72m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% 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 NEWHOLME lies on this distribution: 12% of detached houses houses are smaller than NEWHOLME, and 87% of houses are larger. Note that EPC data is not available for all properties in Swineshead.

NEWHOLME: Plot and Title Map

NEWHOLME sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of NEWHOLME, 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 NEWHOLME). 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 NEWHOLME?

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