SANDMERE, COLES LANE, SWINESHEAD, BOSTON, PE20 3NS - £270,000

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.

SANDMERE is a very large extended detached house of 153m², built sometime between 1950 and 1966, which could now be worth an estimated £328,858. It was last sold for £270,000 in February 2020, which was around 29% above the average February 2020 detached price in the Boston local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

SANDMERE Sold Prices

Land registry data shows two sales for SANDMERE 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 SANDMERE 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
2020 14 FEB	£270,000	£208,582	29% above HPI
2017 29 JUN	£258,000	£196,138	32% above HPI

SANDMERE 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 SANDMERE sales from June 2017 and February 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 June 2017 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the February 2020 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might SANDMERE be worth now?

SANDMERE might now be worth an estimated £328,858.

This is based on house price inflation of 21.8%, between February 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 21.8% inflationary increase is applied to the most recent sale price for SANDMERE of £270,000 on 14th February 2020. For the value to have increased from £270,000 to £328,858 over the five years to February 2025, the following assumptions must hold true:

• The value of SANDMERE has moved in line with the HPI for detached houses in the Boston local authority area.
• The February 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of SANDMERE has not materially changed since February 2020.

How Large is SANDMERE?

SANDMERE is 153m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 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 SANDMERE lies on this distribution: 84% of detached houses houses are smaller than SANDMERE, and 16% of houses are larger. Note that EPC data is not available for all properties in Swineshead.

SANDMERE: Plot and Title Map

SANDMERE sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of SANDMERE, 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 SANDMERE). 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 SANDMERE?

SANDMERE is located on COLES LANE in SWINESHEAD, in the PE20 postcode district. The below map shows the position of SANDMERE on COLES LANE.