ALPHA, BRANT ROAD, FULBECK, GRANTHAM, NG32 3JZ - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ALPHA is a very small extended detached house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £241,820. It was last sold for £215,000 in September 2021, which was around 34% below the average September 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

ALPHA Sold Prices

Land registry data shows two sales for ALPHA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two ALPHA 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
2021 30 SEP	£215,000	£324,215	34% below HPI
2012 13 JUL	£104,000	£216,916	52% below HPI

ALPHA 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 two ALPHA sales from July 2012 and September 2021 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 2012 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the September 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might ALPHA be worth now?

ALPHA might now be worth an estimated £241,820.

This is based on house price inflation of 12.5%, between September 2021 and February 2025, 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 12.5% inflationary increase is applied to the most recent sale price for ALPHA of £215,000 on 30th September 2021. For the value to have increased from £215,000 to £241,820 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of ALPHA has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of ALPHA has not materially changed since September 2021.

How Large is ALPHA?

ALPHA is 72m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses houses in Fulbeck, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fulbeck, and where ALPHA lies on this distribution: 3% of detached houses houses are smaller than ALPHA, and 97% of houses are larger. Note that EPC data is not available for all properties in Fulbeck.

ALPHA: Plot and Title Map

ALPHA sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of ALPHA, 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 ALPHA). 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 ALPHA?

ALPHA is located on BRANT ROAD in FULBECK, in the NG32 postcode district. The below map shows the position of ALPHA on BRANT ROAD.