8, REEDINGS ROAD, BARROWBY, GRANTHAM, NG32 1AT - £272,000

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 REEDINGS ROAD is a small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £272,000 in December 2022, which was around 29% below the average December 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

8 REEDINGS ROAD Sold Prices

Land registry data shows three sales for 8 REEDINGS ROAD 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 REEDINGS ROAD 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 2 DEC	£272,000	£381,233	29% below HPI
2021 26 NOV	£195,995	£348,291	44% below HPI
2001 17 MAY	£74,000	£117,248	37% below HPI

8 REEDINGS ROAD 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 REEDINGS ROAD sales between May 2001 and December 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 November 2021 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 REEDINGS ROAD?

8 REEDINGS ROAD is 97m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses in Barrowby, based on EPC data. The below chart shows the distribution of detached houses by size in Barrowby, and where 8 REEDINGS ROAD lies on this distribution: 32% of detached houses are smaller than 8 REEDINGS ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Barrowby.

8 REEDINGS ROAD: Plot and Title Map

8 REEDINGS ROAD sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 8 REEDINGS ROAD, 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 REEDINGS ROAD). 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 REEDINGS ROAD?

8 REEDINGS ROAD is located in BARROWBY, in the NG32 postcode district. The below map shows the position of No. 8 on REEDINGS ROAD.