The Swaton Eau river rises to the west and runs through the village until it joins the South Forty-Foot Drain. Before the draining of the Fens the Swaton Eau was navigable and a large inland port existed close to the current bridge. The Roman Car Dyke runs to the east of the village. Roman brick pits remain.[citation needed]
The name comes from "Suavetone" or "Swaffa’s Farmstead".[citation needed]
The cruciform Church of St Michael is a Grade I listed building.
In 1240 William II Longespée and his wife Idonea, Nichola's granddaughter, applied for and were granted a royal charter to run a Friday market in the village. This grant was unsuccessfully challenged by residents of Folkingham and Sleaford who feared it would damage their own Saturday and Monday markets.[citation needed]
Swaton Vintage Day is held each June. The village also hosts the annual World Egg Throwing competition. Egg throwing in this village started c. 1322 when the new Abbot of Swaton, controlling all poultry in the village, used them to provide eggs as alms to those that attended church. When the Eau was in flood these were hurled over the swollen river to waiting peasants.[citation needed]