20, SCHOOL LANE, COLSTERWORTH, GRANTHAM, NG33 5NW - £245,000

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

20 SCHOOL LANE is a small detached house of 124m², built sometime between 1991 and 1995. It was last sold for £245,000 in December 2019, which was around 19% below the average December 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

20 SCHOOL LANE Sold Prices

Land registry data shows three sales for 20 SCHOOL 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 20 SCHOOL LANE 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
2019 18 DEC	£245,000	£303,832	19% below HPI
2018 10 JAN	£235,000	£290,634	19% below HPI
1995 31 OCT	£68,000	£71,667	5% below HPI

20 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 three 20 SCHOOL LANE sales between October 1995 and December 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 January 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2019 sale, which was also at 19% below the HPI.

How Large is 20 SCHOOL LANE?

20 SCHOOL LANE is 124m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in Colsterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Colsterworth, and where 20 SCHOOL LANE lies on this distribution: 33% of detached houses are smaller than 20 SCHOOL LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Colsterworth.

20 SCHOOL LANE: Plot and Title Map

20 SCHOOL LANE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 20 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 20 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 20 SCHOOL LANE?

20 SCHOOL LANE is located in COLSTERWORTH, in the NG33 postcode district. The below map shows the position of No. 20 on SCHOOL LANE.