5, THE SQUARE, SKILLINGTON, GRANTHAM, NG33 5HB - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 THE SQUARE is a very small extended detached house of 87m², built sometime before 1900. It was last sold for £220,000 in June 2020, which was around 29% below the average June 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was B.

5 THE SQUARE Sold Prices

Land registry data shows four sales for 5 THE SQUARE 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 SQUARE 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
2020 25 JUN	£220,000	£310,401	29% below HPI
2004 26 NOV	£150,000	£213,167	30% below HPI
2002 31 MAY	£80,000	£137,835	42% below HPI
1999 30 JUL	£57,000	£90,942	37% below HPI

5 THE SQUARE 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 SQUARE sales between July 1999 and June 2020 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 November 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 THE SQUARE?

5 THE SQUARE is 87m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Skillington, based on EPC data. The below chart shows the distribution of detached houses by size in Skillington, and where 5 THE SQUARE lies on this distribution: 3% of detached houses are smaller than 5 THE SQUARE, and 97% of houses are larger. Note that EPC data is not available for all properties in Skillington.

5 THE SQUARE: Plot and Title Map

5 THE SQUARE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 5 THE SQUARE, 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 SQUARE). 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 SQUARE?

5 THE SQUARE is located in SKILLINGTON, in the NG33 postcode district. The below map shows the position of No. 5 on THE SQUARE.