SWALLOWS, SANDY LANE, GREAT STEEPING, SPILSBY, PE23 5PS - £108,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

SWALLOWS is a midsized semi-detached house of 95m², built sometime between 1976 and 1982. It was last sold for £108,000 in April 2024, which was around 60% below the average April 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was B.

SWALLOWS Sold Prices

Land registry data shows two sales for SWALLOWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two SWALLOWS 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
2024 8 APR	£108,000	£270,343	60% below HPI
2004 13 APR	£126,500	£151,848	17% below HPI

SWALLOWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two SWALLOWS sales from April 2004 and April 2024 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 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2024 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is SWALLOWS?

SWALLOWS is 95m² according to the EPC inspection conducted in October 2023. This puts it in the largest 50% of detached houses in Great Steeping, based on EPC data. The below chart shows the distribution of detached houses by size in Great Steeping, and where SWALLOWS lies on this distribution: 52% of detached houses are smaller than SWALLOWS, and 48% of houses are larger. Note that EPC data is not available for all properties in Great Steeping.

SWALLOWS: Plot and Title Map

SWALLOWS sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of SWALLOWS, 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 SWALLOWS). 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 SWALLOWS?

SWALLOWS is located on SANDY LANE in GREAT STEEPING, in the PE23 postcode district. The below map shows the position of SWALLOWS on SANDY LANE.