BARN COTTAGE, CASTLE GATE, CASTLE BYTHAM, GRANTHAM, NG33 4RQ - £862,500

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.

BARN COTTAGE is a very large extended detached house of 270m², built sometime between 1983 and 1990, which could now be worth an estimated £845,586. It was last sold for £862,500 in September 2023, which was around 132% above the average September 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

BARN COTTAGE Sold Prices

Land registry data shows three sales for BARN COTTAGE 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 BARN COTTAGE 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
2023 29 SEP	£862,500	£371,953	132% above HPI
2021 6 OCT	£641,300	£336,149	91% above HPI
2001 4 DEC	£220,000	£120,308	83% above HPI

BARN COTTAGE 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 BARN COTTAGE sales between December 2001 and September 2023 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 October 2021 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the September 2023 sale, where it rises to 132% above the HPI. The line then continues to track at 132% above the HPI.

What might BARN COTTAGE be worth now?

BARN COTTAGE might now be worth an estimated £845,586.

This is based on house price deflation of 2%, between September 2023 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 2% deflationary decrease is applied to the most recent sale price for BARN COTTAGE of £862,500 on 29th September 2023. For the value to have decreased from £862,500 to £845,586 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of BARN COTTAGE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2023 sale price of £862,500 represented a fair market value for the property.
• The size, condition, and specification of BARN COTTAGE has not materially changed since September 2023.

How Large is BARN COTTAGE?

BARN COTTAGE is 270m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 10% of detached houses houses in Castle Bytham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Castle Bytham, and where BARN COTTAGE lies on this distribution: 92% of detached houses houses are smaller than BARN COTTAGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Castle Bytham.

BARN COTTAGE: Plot and Title Map

BARN COTTAGE sits on a plot of roughly 0.262 of an acre, or 1,060m². The below map shows the location of BARN COTTAGE, 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 BARN COTTAGE). 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 BARN COTTAGE?

BARN COTTAGE is located on CASTLE GATE in CASTLE BYTHAM, in the NG33 postcode district. The below map shows the position of BARN COTTAGE on CASTLE GATE.