3, VICARAGE LANE, GRASBY, BARNETBY, DN38 6AU - £270,000

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 VICARAGE LANE is a small extended detached house of 121m², built sometime before 1900, which could now be worth an estimated £268,135. It was last sold for £270,000 in August 2022, which was around 8% below the average August 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

3 VICARAGE LANE Sold Prices

Land registry data shows five sales for 3 VICARAGE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the five 3 VICARAGE 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
2022 3 AUG	£270,000	£293,139	8% below HPI
2012 27 JAN	£131,500	£184,018	29% below HPI
2006 16 JUN	£167,000	£175,773	5% below HPI
2005 2 AUG	£150,000	£183,200	18% below HPI
2002 18 JUN	£90,000	£100,740	11% below HPI

3 VICARAGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The five 3 VICARAGE LANE sales between June 2002 and August 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 January 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 3 VICARAGE LANE be worth now?

3 VICARAGE LANE might now be worth an estimated £268,135.

This is based on house price deflation of 0.7%, between August 2022 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% deflationary decrease is applied to the most recent sale price for 3 VICARAGE LANE of £270,000 on 3rd August 2022. For the value to have decreased from £270,000 to £268,135 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 3 VICARAGE LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 3 VICARAGE LANE has not materially changed since August 2022.

How Large is 3 VICARAGE LANE?

3 VICARAGE LANE is 121m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses houses in Grasby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grasby, and where 3 VICARAGE LANE lies on this distribution: 25% of detached houses houses are smaller than 3 VICARAGE LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Grasby.

3 VICARAGE LANE: Plot and Title Map

3 VICARAGE LANE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 3 VICARAGE 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 3 VICARAGE 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 3 VICARAGE LANE?

3 VICARAGE LANE is located in GRASBY, in the DN38 postcode district. The below map shows the position of No. 3 on VICARAGE LANE.