8, CASTLE GATE, CASTLE BYTHAM, GRANTHAM, NG33 4RQ - £600,000

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

8 CASTLE GATE is a large extended detached house of 194m², built sometime between 1983 and 1990. It was last sold for £600,000 in February 2020, which was around 101% above the average February 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

8 CASTLE GATE Sold Prices

Land registry data shows three sales for 8 CASTLE GATE 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 8 CASTLE GATE sales were for above 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 24 FEB	£600,000	£298,901	101% above HPI
2006 26 MAY	£385,000	£219,760	75% above HPI
1997 22 DEC	£175,000	£83,390	110% above HPI

8 CASTLE GATE 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 8 CASTLE GATE sales between December 1997 and February 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 May 2006 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the February 2020 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

How Large is 8 CASTLE GATE?

8 CASTLE GATE is 194m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 30% of detached houses in Castle Bytham, based on EPC data. The below chart shows the distribution of detached houses by size in Castle Bytham, and where 8 CASTLE GATE lies on this distribution: 75% of detached houses are smaller than 8 CASTLE GATE, and 25% of houses are larger. Note that EPC data is not available for all properties in Castle Bytham.

8 CASTLE GATE: Plot and Title Map

8 CASTLE GATE sits on a plot of roughly 0.368 of an acre, or 1,489m². The below map shows the location of 8 CASTLE GATE, 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 8 CASTLE GATE). 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 8 CASTLE GATE?

8 CASTLE GATE is located in CASTLE BYTHAM, in the NG33 postcode district. The below map shows the position of No. 8 on CASTLE GATE.