5, MILLFIELD CRESCENT, CAYTHORPE, GRANTHAM, NG32 3HG - £295,000

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

5 MILLFIELD CRESCENT is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £295,000 in December 2023, which was around 20% below the average December 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

5 MILLFIELD CRESCENT Sold Prices

Land registry data shows three sales for 5 MILLFIELD CRESCENT 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 5 MILLFIELD CRESCENT 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
2023 14 DEC	£295,000	£367,855	20% below HPI
2019 16 SEP	£257,000	£311,182	17% below HPI
2007 19 NOV	£185,000	£246,334	25% below HPI

5 MILLFIELD CRESCENT 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 5 MILLFIELD CRESCENT sales between November 2007 and December 2023 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 September 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 MILLFIELD CRESCENT?

5 MILLFIELD CRESCENT is 86m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Caythorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Caythorpe, and where 5 MILLFIELD CRESCENT lies on this distribution: 10% of detached houses are smaller than 5 MILLFIELD CRESCENT, and 90% of houses are larger. Note that EPC data is not available for all properties in Caythorpe.

5 MILLFIELD CRESCENT: Plot and Title Map

5 MILLFIELD CRESCENT sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 5 MILLFIELD CRESCENT, 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 MILLFIELD CRESCENT). 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 MILLFIELD CRESCENT?

5 MILLFIELD CRESCENT is located in CAYTHORPE, in the NG32 postcode district. The below map shows the position of No. 5 on MILLFIELD CRESCENT.