THE CHESTNUTS, SOUTH STREET, SWINESHEAD, BOSTON, PE20 3JD - £284,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE CHESTNUTS is a large extended detached house of 146m², built sometime before 1900. It was last sold for £284,500 in October 2023, which was around 7% above the average October 2023 detached price in the Boston local authority area. The most recent EPC inspection was July 2022, where the current energy rating was F, and the potential energy rating was C.

THE CHESTNUTS Sold Prices

Land registry data shows four sales for THE CHESTNUTS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Boston local authority area for the corresponding sale date. Most of the four THE CHESTNUTS 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
2023 13 OCT	£284,500	£266,431	7% above HPI
2020 11 DEC	£205,000	£223,741	8% below HPI
2018 13 APR	£230,000	£205,445	12% above HPI
2014 25 JUN	£232,000	£173,997	33% above HPI

THE CHESTNUTS 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 four THE CHESTNUTS sales between June 2014 and October 2023 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 December 2020 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 146m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 30% of detached houses in Swineshead, based on EPC data. The below chart shows the distribution of detached houses by size in Swineshead, and where THE CHESTNUTS lies on this distribution: 79% of detached houses are smaller than THE CHESTNUTS, and 21% of houses are larger. Note that EPC data is not available for all properties in Swineshead.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of THE CHESTNUTS, 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 THE CHESTNUTS). 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 THE CHESTNUTS?

THE CHESTNUTS is located on SOUTH STREET in SWINESHEAD, in the PE20 postcode district. The below map shows the position of THE CHESTNUTS on SOUTH STREET.