42A, STATION ROAD, CASTLE BYTHAM, GRANTHAM, NG33 4SB - £475,000

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

42A STATION ROAD is a midsized extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £475,000 in December 2021, which was around 36% above the average December 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

42A STATION ROAD Sold Prices

Land registry data shows two sales for 42A STATION ROAD 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 42A STATION ROAD 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
2021 17 DEC	£475,000	£349,401	36% above HPI
2021 25 JUN	£463,000	£328,593	41% above HPI

42A STATION 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 two 42A STATION ROAD sales from June 2021 and December 2021 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 June 2021 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2021 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 42A STATION ROAD?

42A STATION ROAD is 145m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses in Castle Bytham, based on EPC data. The below chart shows the distribution of detached houses by size in Castle Bytham, and where 42A STATION ROAD lies on this distribution: 54% of detached houses are smaller than 42A STATION ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Castle Bytham.

42A STATION ROAD: Plot and Title Map

42A STATION ROAD sits on a plot of roughly 0.385 of an acre, or 1,558m². The below map shows the location of 42A STATION 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 42A STATION 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 42A STATION ROAD?

42A STATION ROAD is located in CASTLE BYTHAM, in the NG33 postcode district. The below map shows the position of No. 42A on STATION ROAD.