SUMMER TREES, TOW LANE, FOSTON, GRANTHAM, NG32 2LE - £165,000

SUMMER TREES is a midsized detached house of 127m², built sometime between 1950 and 1966. It was last sold for £165,000 in August 2009, which was around 18% below the average August 2009 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

SUMMER TREES Sold Prices

Land registry data shows three sales for SUMMER TREES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three SUMMER TREES 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
2009 11 AUG	£165,000	£201,921	18% below HPI
2001 17 JAN	£60,000	£112,368	47% below HPI
1997 11 JUL	£36,000	£78,035	54% below HPI

SUMMER TREES 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 three SUMMER TREES sales between July 1997 and August 2009 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 January 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2009 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is SUMMER TREES?

SUMMER TREES is 127m² according to the EPC inspection conducted in June 2009. 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 SUMMER TREES lies on this distribution: 42% of detached houses are smaller than SUMMER TREES, and 58% of houses are larger. Note that EPC data is not available for all properties in Foston.

SUMMER TREES: Plot and Title Map

SUMMER TREES sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of SUMMER TREES, 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 SUMMER TREES). 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 SUMMER TREES?

SUMMER TREES is located on TOW LANE in FOSTON, in the NG32 postcode district. The below map shows the position of SUMMER TREES on TOW LANE.