16, THE STACKYARD, CROXTON KERRIAL, GRANTHAM, NG32 1QS - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 THE STACKYARD is a midsized extended detached house of 116m², built sometime between 2003 and 2006, which could now be worth an estimated £252,930. It was last sold for £250,000 in October 2022, which was around 36% below the average October 2022 detached price in the Melton local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

16 THE STACKYARD Sold Prices

Land registry data shows two sales for 16 THE STACKYARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 16 THE STACKYARD 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
2022 21 OCT	£250,000	£393,520	36% below HPI
2007 13 AUG	£235,000	£273,638	14% below HPI

16 THE STACKYARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The two 16 THE STACKYARD sales from August 2007 and October 2022 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 August 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 16 THE STACKYARD be worth now?

16 THE STACKYARD might now be worth an estimated £252,930.

This is based on house price inflation of 1.2%, between October 2022 and December 2024, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% inflationary increase is applied to the most recent sale price for 16 THE STACKYARD of £250,000 on 21st October 2022. For the value to have increased from £250,000 to £252,930 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 16 THE STACKYARD has moved in line with the HPI for detached houses in the Melton local authority area.
• The October 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THE STACKYARD has not materially changed since October 2022.

How Large is 16 THE STACKYARD?

16 THE STACKYARD is 116m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of detached houses houses in Croxton Kerrial, based on EPC data. The below chart shows the distribution of detached houses houses by size in Croxton Kerrial, and where 16 THE STACKYARD lies on this distribution: 54% of detached houses houses are smaller than 16 THE STACKYARD, and 46% of houses are larger. Note that EPC data is not available for all properties in Croxton Kerrial.

16 THE STACKYARD: Plot and Title Map

16 THE STACKYARD sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 16 THE STACKYARD, 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 16 THE STACKYARD). 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 16 THE STACKYARD?

16 THE STACKYARD is located in CROXTON KERRIAL, in the NG32 postcode district. The below map shows the position of No. 16 on THE STACKYARD.