THE SWALLOWS, OLD MAIN ROAD, FLEET HARGATE, SPALDING, PE12 8LL - £215,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE SWALLOWS is a very large detached house of 145m², built sometime between 1996 and 2002, which could now be worth an estimated £271,707. It was last sold for £215,000 in November 2017, which was around 5% below the average November 2017 detached price in the South Holland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

THE SWALLOWS Sold Prices

Land registry data shows three sales for THE SWALLOWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Two of the three THE SWALLOWS sales were for below the average price, whilst one was 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
2017 14 NOV	£215,000	£226,301	5% below HPI
2017 5 JUL	£166,000	£223,402	26% below HPI
1996 23 AUG	£72,000	£55,568	30% above HPI

THE SWALLOWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three THE SWALLOWS sales between August 1996 and November 2017 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 July 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might THE SWALLOWS be worth now?

THE SWALLOWS might now be worth an estimated £271,707.

This is based on house price inflation of 26.4%, between November 2017 and December 2024, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.4% inflationary increase is applied to the most recent sale price for THE SWALLOWS of £215,000 on 14th November 2017. For the value to have increased from £215,000 to £271,707 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of THE SWALLOWS has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2017 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of THE SWALLOWS has not materially changed since November 2017.

How Large is THE SWALLOWS?

THE SWALLOWS is 145m² according to the EPC inspection conducted in June 2015. This puts it in the largest 20% of detached houses houses in Fleet Hargate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fleet Hargate, and where THE SWALLOWS lies on this distribution: 85% of detached houses houses are smaller than THE SWALLOWS, and 14% of houses are larger. Note that EPC data is not available for all properties in Fleet Hargate.

THE SWALLOWS: Plot and Title Map

THE SWALLOWS sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of THE 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 THE 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 THE SWALLOWS?

THE SWALLOWS is located on OLD MAIN ROAD in FLEET HARGATE, in the PE12 postcode district. The below map shows the position of THE SWALLOWS on OLD MAIN ROAD.