3, COLES LANE, SWINESHEAD, BOSTON, PE20 3NS - £141,500

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.

3 COLES LANE is a small extended semi-detached house of 82m², built sometime between 1900 and 1929, which could now be worth an estimated £144,875. It was last sold for £141,500 in February 2023, which was around 13% below the average February 2023 semi-detached price in the Boston local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

3 COLES LANE Sold Prices

Land registry data shows five sales for 3 COLES LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Boston local authority area for the corresponding sale date. All of the five 3 COLES LANE 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
2023 3 FEB	£141,500	£163,450	13% below HPI
2022 31 MAY	£110,000	£165,411	33% below HPI
2014 28 FEB	£99,000	£106,320	7% below HPI
2010 29 OCT	£102,000	£104,915	3% below HPI
2003 7 FEB	£64,000	£71,029	10% below HPI

3 COLES LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Boston local authority area over time, sourced from the HPI. The five 3 COLES LANE sales between February 2003 and February 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 May 2022 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 COLES LANE be worth now?

3 COLES LANE might now be worth an estimated £144,875.

This is based on house price inflation of 2.4%, between February 2023 and February 2025, for semi-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 2.4% inflationary increase is applied to the most recent sale price for 3 COLES LANE of £141,500 on 3rd February 2023. For the value to have increased from £141,500 to £144,875 over the two years to February 2025, the following assumptions must hold true:

• The value of 3 COLES LANE has moved in line with the HPI for semi-detached houses in the Boston local authority area.
• The February 2023 sale price of £141,500 represented a fair market value for the property.
• The size, condition, and specification of 3 COLES LANE has not materially changed since February 2023.

How Large is 3 COLES LANE?

3 COLES LANE is 82m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of semi-detached houses houses in Swineshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Swineshead, and where 3 COLES LANE lies on this distribution: 23% of semi-detached houses houses are smaller than 3 COLES LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Swineshead.

3 COLES LANE: Plot and Title Map

3 COLES LANE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 3 COLES LANE, 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 3 COLES LANE). 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 3 COLES LANE?

3 COLES LANE is located in SWINESHEAD, in the PE20 postcode district. The below map shows the position of No. 3 on COLES LANE.