6, MILLFIELD CRESCENT, CAYTHORPE, GRANTHAM, NG32 3HG - £312,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 MILLFIELD CRESCENT is a small extended detached house of 119m², built sometime between 1976 and 1982, which could now be worth an estimated £312,282. It was last sold for £312,500 in August 2022, which was around 15% below the average August 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

6 MILLFIELD CRESCENT Sold Prices

Land registry data shows four sales for 6 MILLFIELD CRESCENT 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 6 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
2022 5 AUG	£312,500	£368,593	15% below HPI
2016 31 AUG	£225,000	£263,781	15% below HPI
2000 28 JAN	£88,950	£93,067	4% below HPI
1996 4 APR	£63,000	£67,108	6% below HPI

6 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 four 6 MILLFIELD CRESCENT sales between April 1996 and August 2022 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 August 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2022 sale, which was also at 15% below the HPI.

What might 6 MILLFIELD CRESCENT be worth now?

6 MILLFIELD CRESCENT might now be worth an estimated £312,282.

This is based on house price deflation of 0.1%, between August 2022 and December 2024, 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 0.1% deflationary decrease is applied to the most recent sale price for 6 MILLFIELD CRESCENT of £312,500 on 5th August 2022. For the value to have decreased from £312,500 to £312,282 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 6 MILLFIELD CRESCENT has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2022 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 6 MILLFIELD CRESCENT has not materially changed since August 2022.

How Large is 6 MILLFIELD CRESCENT?

6 MILLFIELD CRESCENT is 119m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses houses in Caythorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caythorpe, and where 6 MILLFIELD CRESCENT lies on this distribution: 34% of detached houses houses are smaller than 6 MILLFIELD CRESCENT, and 63% of houses are larger. Note that EPC data is not available for all properties in Caythorpe.

6 MILLFIELD CRESCENT: Plot and Title Map

6 MILLFIELD CRESCENT sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 6 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 6 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 6 MILLFIELD CRESCENT?

6 MILLFIELD CRESCENT is located in CAYTHORPE, in the NG32 postcode district. The below map shows the position of No. 6 on MILLFIELD CRESCENT.