25, THE LEAS, BARKSTON, GRANTHAM, NG32 2PD - £150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

25 THE LEAS is a very small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £249,240. It was last sold for £150,000 in August 2011, which was around 32% below the average August 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

25 THE LEAS Sold Prices

Land registry data shows two sales for 25 THE LEAS 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 25 THE LEAS 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
2011 8 AUG	£150,000	£219,463	32% below HPI
2002 11 FEB	£92,000	£125,214	27% below HPI

25 THE LEAS 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 25 THE LEAS sales from February 2002 and August 2011 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 February 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2011 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 25 THE LEAS be worth now?

25 THE LEAS might now be worth an estimated £249,240.

This is based on house price inflation of 66.2%, between August 2011 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.2% inflationary increase is applied to the most recent sale price for 25 THE LEAS of £150,000 on 8th August 2011. For the value to have increased from £150,000 to £249,240 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 25 THE LEAS has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2011 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 25 THE LEAS has not materially changed since August 2011.

How Large is 25 THE LEAS?

25 THE LEAS is 81m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses houses in Barkston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barkston, and where 25 THE LEAS lies on this distribution: 8% of detached houses houses are smaller than 25 THE LEAS, and 92% of houses are larger. Note that EPC data is not available for all properties in Barkston.

25 THE LEAS: Plot and Title Map

25 THE LEAS sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 25 THE LEAS, 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 25 THE LEAS). 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 25 THE LEAS?

25 THE LEAS is located in BARKSTON, in the NG32 postcode district. The below map shows the position of No. 25 on THE LEAS.