11, BACK LANE, FOSTON, GRANTHAM, NG32 2LA - £420,000

11 BACK LANE is a midsized detached house of 125m², built sometime from 2007 onwards. It was last sold for £420,000 in August 2011, which was around 88% above the average August 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

11 BACK LANE Sold Prices

Land registry data shows two sales for 11 BACK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 11 BACK LANE 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
2011 9 AUG	£420,000	£223,136	88% above HPI
2007 29 MAR	£360,000	£233,679	54% above HPI

11 BACK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 11 BACK LANE sales from March 2007 and August 2011 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 March 2007 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the August 2011 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is 11 BACK LANE?

11 BACK LANE is 125m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% of detached houses in Foston, based on EPC data. The below chart shows the distribution of detached houses by size in Foston, and where 11 BACK LANE lies on this distribution: 41% of detached houses are smaller than 11 BACK LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Foston.

11 BACK LANE: Plot and Title Map

11 BACK LANE sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 11 BACK 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 11 BACK 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 11 BACK LANE?

11 BACK LANE is located in FOSTON, in the NG32 postcode district. The below map shows the position of No. 11 on BACK LANE.