COLES YARD, LORDS LANE, SKILLINGTON, GRANTHAM, NG33 5HE - £247,000

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.

COLES YARD is a very large extended detached house of 263m², built sometime before 1900, which could now be worth an estimated £753,680. It was last sold for £247,000 in November 2001, which was around 107% above the average November 2001 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2022, where the current energy rating was F, and the potential energy rating was D.

COLES YARD Sold Prices

Land registry data shows two sales for COLES YARD 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 COLES YARD 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
2001 7 NOV	£247,000	£119,508	107% above HPI
1998 18 DEC	£127,500	£87,030	47% above HPI

COLES YARD 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 COLES YARD sales from December 1998 and November 2001 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 1998 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2001 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.

What might COLES YARD be worth now?

COLES YARD might now be worth an estimated £753,680.

This is based on house price inflation of 205.1%, between November 2001 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 205.1% inflationary increase is applied to the most recent sale price for COLES YARD of £247,000 on 7th November 2001. For the value to have increased from £247,000 to £753,680 over the 24 years and nine months to February 2025, the following assumptions must hold true:

• The value of COLES YARD has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2001 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of COLES YARD has not materially changed since November 2001.

How Large is COLES YARD?

COLES YARD is 263m², which includes four extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses houses in Skillington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skillington, and where COLES YARD lies on this distribution: 89% of detached houses houses are smaller than COLES YARD, and 11% of houses are larger. Note that EPC data is not available for all properties in Skillington.

COLES YARD: Plot and Title Map

COLES YARD sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of COLES YARD, 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 COLES YARD). 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 COLES YARD?

COLES YARD is located on LORDS LANE in SKILLINGTON, in the NG33 postcode district. The below map shows the position of COLES YARD on LORDS LANE.