21, GORSE HILL LANE, CAYTHORPE, GRANTHAM, NG32 3DY - £435,000

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

21 GORSE HILL LANE is a large extended detached house of 185m², built sometime between 1991 and 1995. It was last sold for £435,000 in April 2022, which was around 20% above the average April 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

21 GORSE HILL LANE Sold Prices

Land registry data shows two sales for 21 GORSE HILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 21 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
2022 1 APR	£435,000	£361,857	20% above HPI
1995 15 SEP	£121,000	£72,250	67% above HPI

21 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 two 21 GORSE HILL LANE sales from September 1995 and April 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 September 1995 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the April 2022 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 21 GORSE HILL LANE?

21 GORSE HILL LANE is 185m², which includes three extensions, according to the EPC inspection conducted in April 2019. 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 21 GORSE HILL LANE lies on this distribution: 77% of detached houses are smaller than 21 GORSE HILL LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Caythorpe.

21 GORSE HILL LANE: Plot and Title Map

21 GORSE HILL LANE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 21 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 21 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 21 GORSE HILL LANE?

21 GORSE HILL LANE is located in CAYTHORPE, in the NG32 postcode district. The below map shows the position of No. 21 on GORSE HILL LANE.