15, GORSE HILL LANE, CAYTHORPE, GRANTHAM, NG32 3DY - £395,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 GORSE HILL LANE is a large extended detached house of 184m², built sometime between 1996 and 2002. It was last sold for £395,000 in July 2019, which was around 31% above the average July 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

15 GORSE HILL LANE Sold Prices

Land registry data shows three sales for 15 GORSE HILL LANE 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 15 GORSE HILL 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 19 JUL	£395,000	£300,787	31% above HPI
2007 31 JUL	£299,000	£239,498	25% above HPI
2004 23 APR	£275,000	£190,867	44% above HPI

15 GORSE HILL 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 three 15 GORSE HILL LANE sales between April 2004 and July 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 July 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2019 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 15 GORSE HILL LANE?

15 GORSE HILL LANE is 184m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 30% of detached houses in Caythorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Caythorpe, and where 15 GORSE HILL LANE lies on this distribution: 76% of detached houses are smaller than 15 GORSE HILL LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Caythorpe.

15 GORSE HILL LANE: Plot and Title Map

15 GORSE HILL LANE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 15 GORSE HILL 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 15 GORSE HILL 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 15 GORSE HILL LANE?

15 GORSE HILL LANE is located in CAYTHORPE, in the NG32 postcode district. The below map shows the position of No. 15 on GORSE HILL LANE.