3, REEDINGS ROAD, BARROWBY, GRANTHAM, NG32 1AT - £200,000

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.

3 REEDINGS ROAD is a very small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £245,472. It was last sold for £200,000 in January 2019, which was around 33% below the average January 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

3 REEDINGS ROAD Sold Prices

Land registry data shows three sales for 3 REEDINGS ROAD 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 3 REEDINGS ROAD 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 24 JAN	£200,000	£297,108	33% below HPI
2004 30 JUL	£142,100	£197,698	28% below HPI
1997 1 AUG	£59,000	£78,064	24% below HPI

3 REEDINGS ROAD 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 3 REEDINGS ROAD sales between August 1997 and January 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 July 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 3 REEDINGS ROAD be worth now?

3 REEDINGS ROAD might now be worth an estimated £245,472.

This is based on house price inflation of 22.7%, between January 2019 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 22.7% inflationary increase is applied to the most recent sale price for 3 REEDINGS ROAD of £200,000 on 24th January 2019. For the value to have increased from £200,000 to £245,472 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 REEDINGS ROAD has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2019 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 3 REEDINGS ROAD has not materially changed since January 2019.

How Large is 3 REEDINGS ROAD?

3 REEDINGS ROAD is 78m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses houses in Barrowby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barrowby, and where 3 REEDINGS ROAD lies on this distribution: 10% of detached houses houses are smaller than 3 REEDINGS ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Barrowby.

3 REEDINGS ROAD: Plot and Title Map

3 REEDINGS ROAD sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 3 REEDINGS ROAD, 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 3 REEDINGS ROAD). 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 3 REEDINGS ROAD?

3 REEDINGS ROAD is located in BARROWBY, in the NG32 postcode district. The below map shows the position of No. 3 on REEDINGS ROAD.