12, THE LEAS, BARKSTON, GRANTHAM, NG32 2PD - £242,500

12 THE LEAS is a very small detached house of 96m², built sometime between 1967 and 1975. It was last sold for £242,500 in August 2015, which was around 4% below the average August 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

12 THE LEAS Sold Prices

Land registry data shows two sales for 12 THE LEAS 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 12 THE LEAS 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
2015 20 AUG	£242,500	£251,797	4% below HPI
1996 4 OCT	£60,000	£73,539	18% below HPI

12 THE LEAS 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 12 THE LEAS sales from October 1996 and August 2015 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 October 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 12 THE LEAS?

12 THE LEAS is 96m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses in Barkston, based on EPC data. The below chart shows the distribution of detached houses by size in Barkston, and where 12 THE LEAS lies on this distribution: 19% of detached houses are smaller than 12 THE LEAS, and 77% of houses are larger. Note that EPC data is not available for all properties in Barkston.

12 THE LEAS: Plot and Title Map

12 THE LEAS sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 12 THE LEAS, 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 12 THE LEAS). 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 12 THE LEAS?

12 THE LEAS is located in BARKSTON, in the NG32 postcode district. The below map shows the position of No. 12 on THE LEAS.