2, THE BARNS, HOLYWELL ROAD, CASTLE BYTHAM, GRANTHAM, NG33 4SL - £468,500

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

2 THE BARNS is a very large extended detached house of 219m², built sometime between 1991 and 1995. It was last sold for £468,500 in November 2016, which was around 71% above the average November 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was D.

2 THE BARNS Sold Prices

Land registry data shows three sales for 2 THE BARNS 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 2 THE BARNS 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
2016 4 NOV	£468,500	£273,230	71% above HPI
2003 16 APR	£294,000	£168,989	74% above HPI
2001 28 AUG	£231,000	£122,880	88% above HPI

2 THE BARNS 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 2 THE BARNS sales between August 2001 and November 2016 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 April 2003 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the November 2016 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 2 THE BARNS?

2 THE BARNS is 219m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses in Castle Bytham, based on EPC data. The below chart shows the distribution of detached houses by size in Castle Bytham, and where 2 THE BARNS lies on this distribution: 84% of detached houses are smaller than 2 THE BARNS, and 16% of houses are larger. Note that EPC data is not available for all properties in Castle Bytham.

2 THE BARNS: Plot and Title Map

2 THE BARNS sits on a plot of roughly 0.294 of an acre, or 1,189m². The below map shows the location of 2 THE BARNS, 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 2 THE BARNS). 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 2 THE BARNS?

2 THE BARNS is located on HOLYWELL ROAD in CASTLE BYTHAM, in the NG33 postcode district. The below map shows the position of 2 THE BARNS on HOLYWELL ROAD.