5, CHURCH LANE, SOUTH WITHAM, GRANTHAM, NG33 5PL - £360,000

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.

5 CHURCH LANE is a very large detached house of 138m², built sometime between 1930 and 1949, which could now be worth an estimated £460,793. It was last sold for £360,000 in November 2017, which was around 26% above the average November 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

5 CHURCH LANE Sold Prices

Land registry data shows four sales for 5 CHURCH LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. two of the four 5 CHURCH LANE sales were for above the average price, and four 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
2017 8 NOV	£360,000	£284,894	26% above HPI
2006 26 OCT	£270,000	£229,194	18% above HPI
2000 15 NOV	£75,000	£109,714	32% below HPI
1995 11 AUG	£42,000	£71,466	41% below HPI

5 CHURCH 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 four 5 CHURCH LANE sales between August 1995 and November 2017 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 October 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2017 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 5 CHURCH LANE be worth now?

5 CHURCH LANE might now be worth an estimated £460,793.

This is based on house price inflation of 28%, between November 2017 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 28% inflationary increase is applied to the most recent sale price for 5 CHURCH LANE of £360,000 on 8th November 2017. For the value to have increased from £360,000 to £460,793 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 CHURCH LANE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2017 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHURCH LANE has not materially changed since November 2017.

How Large is 5 CHURCH LANE?

5 CHURCH LANE is 138m² according to the EPC inspection conducted in June 2017. This puts it in the largest 20% of detached houses houses in South Witham, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Witham, and where 5 CHURCH LANE lies on this distribution: 83% of detached houses houses are smaller than 5 CHURCH LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in South Witham.

5 CHURCH LANE: Plot and Title Map

5 CHURCH LANE sits on a plot of roughly 0.224 of an acre, or 906m². The below map shows the location of 5 CHURCH 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 5 CHURCH 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 5 CHURCH LANE?

5 CHURCH LANE is located in SOUTH WITHAM, in the NG33 postcode district. The below map shows the position of No. 5 on CHURCH LANE.