10, SCHOOL LANE, ROPSLEY, GRANTHAM, NG33 4BT - £420,000

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.

10 SCHOOL LANE is a very large extended detached house of 388m², built sometime before 1900, which could now be worth an estimated £523,457. It was last sold for £420,000 in June 2019, which was around 44% above the average June 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.

10 SCHOOL LANE Sold Prices

Land registry data shows two sales for 10 SCHOOL 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 10 SCHOOL 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
2019 28 JUN	£420,000	£292,587	44% above HPI
2005 18 MAY	£370,000	£205,104	80% above HPI

10 SCHOOL 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 10 SCHOOL LANE sales from May 2005 and June 2019 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 May 2005 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the June 2019 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 10 SCHOOL LANE be worth now?

10 SCHOOL LANE might now be worth an estimated £523,457.

This is based on house price inflation of 24.6%, between June 2019 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.6% inflationary increase is applied to the most recent sale price for 10 SCHOOL LANE of £420,000 on 28th June 2019. For the value to have increased from £420,000 to £523,457 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 10 SCHOOL LANE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The June 2019 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SCHOOL LANE has not materially changed since June 2019.

How Large is 10 SCHOOL LANE?

10 SCHOOL LANE is 388m², which includes four extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 10% of detached houses houses in Ropsley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ropsley, and where 10 SCHOOL LANE lies on this distribution: More than 99% of detached houses houses are smaller than 10 SCHOOL LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Ropsley.

10 SCHOOL LANE: Plot and Title Map

10 SCHOOL LANE sits on a plot of roughly 0.237 of an acre, or 960m². The below map shows the location of 10 SCHOOL 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 10 SCHOOL 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 10 SCHOOL LANE?

10 SCHOOL LANE is located in ROPSLEY, in the NG33 postcode district. The below map shows the position of No. 10 on SCHOOL LANE.