BAKERS BARN, TOW LANE, FOSTON, GRANTHAM, NG32 2LE - £215,000

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

BAKERS BARN is a very small detached house of 73m², built sometime between 2003 and 2006. It was last sold for £215,000 in July 2010, which was around 2% below the average July 2010 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

BAKERS BARN Sold Prices

Land registry data shows two sales for BAKERS BARN 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. One of the two BAKERS BARN sales was for below the average price, whilst the other was 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
2010 5 JUL	£215,000	£220,311	2% below HPI
2007 23 FEB	£242,500	£228,746	6% above HPI

BAKERS BARN 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 BAKERS BARN sales from February 2007 and July 2010 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 February 2007 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2010 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is BAKERS BARN?

BAKERS BARN is 73m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses in Foston, based on EPC data. The below chart shows the distribution of detached houses by size in Foston, and where BAKERS BARN lies on this distribution: 3% of detached houses are smaller than BAKERS BARN, and 97% of houses are larger. Note that EPC data is not available for all properties in Foston.

BAKERS BARN: Plot and Title Map

BAKERS BARN sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of BAKERS BARN, 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 BAKERS BARN). 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 BAKERS BARN?

BAKERS BARN is located on TOW LANE in FOSTON, in the NG32 postcode district. The below map shows the position of BAKERS BARN on TOW LANE.