5, THE LEAS, BARKSTON, GRANTHAM, NG32 2PD - £270,000

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 THE LEAS is a very small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £270,000 in November 2019, which was around 12% below the average November 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

5 THE LEAS Sold Prices

Land registry data shows four sales for 5 THE LEAS 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. All of the four 5 THE LEAS 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 29 NOV	£270,000	£305,519	12% below HPI
2014 2 JUL	£220,000	£226,163	3% below HPI
2007 21 JUN	£215,000	£236,995	9% below HPI
2002 31 JAN	£87,000	£128,517	32% below HPI

5 THE LEAS 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 THE LEAS sales between January 2002 and November 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 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 THE LEAS?

5 THE LEAS is 96m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses in Barkston, based on EPC data. The below chart shows the distribution of detached houses by size in Barkston, and where 5 THE LEAS lies on this distribution: 19% of detached houses are smaller than 5 THE LEAS, and 76% of houses are larger. Note that EPC data is not available for all properties in Barkston.

5 THE LEAS: Plot and Title Map

5 THE LEAS sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 5 THE LEAS, 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 THE LEAS). 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 THE LEAS?

5 THE LEAS is located in BARKSTON, in the NG32 postcode district. The below map shows the position of No. 5 on THE LEAS.