BEECHES, PARK LANE, SKILLINGTON, GRANTHAM, NG33 5HH - £500,000

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

BEECHES is a midsized detached house of 162m², built sometime between 1983 and 1990. It was last sold for £500,000 in May 2020, which was around 60% above the average May 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

BEECHES Sold Prices

Land registry data shows two sales for BEECHES 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 BEECHES 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 12 MAY	£500,000	£313,369	60% above HPI
2002 16 DEC	£210,000	£168,967	24% above HPI

BEECHES 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 BEECHES sales from December 2002 and May 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 December 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2020 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is BEECHES?

BEECHES is 162m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% of detached houses in Skillington, based on EPC data. The below chart shows the distribution of detached houses by size in Skillington, and where BEECHES lies on this distribution: 46% of detached houses are smaller than BEECHES, and 54% of houses are larger. Note that EPC data is not available for all properties in Skillington.

BEECHES: Plot and Title Map

BEECHES sits on a plot of roughly 0.378 of an acre, or 1,529m². The below map shows the location of BEECHES, 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 BEECHES). 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 BEECHES?

BEECHES is located on PARK LANE in SKILLINGTON, in the NG33 postcode district. The below map shows the position of BEECHES on PARK LANE.