2, THE GRANARIES, SCOPWICK, LINCOLN, LN4 3NJ - £241,000

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

2 THE GRANARIES is a midsized extended detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £397,584. It was last sold for £241,000 in March 2010, which was around 35% above the average March 2010 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

2 THE GRANARIES Sold Prices

Land registry data shows two sales for 2 THE GRANARIES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 2 THE GRANARIES 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
2010 31 MAR	£241,000	£178,601	35% above HPI
2002 9 AUG	£195,000	£112,376	74% above HPI

2 THE GRANARIES Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 2 THE GRANARIES sales from August 2002 and March 2010 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 2002 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the March 2010 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 2 THE GRANARIES be worth now?

2 THE GRANARIES might now be worth an estimated £397,584.

This is based on house price inflation of 65%, between March 2010 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65% inflationary increase is applied to the most recent sale price for 2 THE GRANARIES of £241,000 on 31st March 2010. For the value to have increased from £241,000 to £397,584 over the thirteen years and three months to December 2024, the following assumptions must hold true:

• The value of 2 THE GRANARIES has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2010 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE GRANARIES has not materially changed since March 2010.

How Large is 2 THE GRANARIES?

2 THE GRANARIES is 139m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the largest 50% of detached houses houses in Scopwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Scopwick, and where 2 THE GRANARIES lies on this distribution: 50% of detached houses houses are smaller than 2 THE GRANARIES, and 50% of houses are larger. Note that EPC data is not available for all properties in Scopwick.

2 THE GRANARIES: Plot and Title Map

2 THE GRANARIES sits on a plot of roughly 0.218 of an acre, or 882m². The below map shows the location of 2 THE GRANARIES, 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 GRANARIES). 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 GRANARIES?

2 THE GRANARIES is located in SCOPWICK, in the LN4 postcode district. The below map shows the position of No. 2 on THE GRANARIES.