FERNLEIGH, WATER LANE, CASTLE BYTHAM, GRANTHAM, NG33 4RT - £407,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

FERNLEIGH is a very large extended detached house of 318m², built sometime between 1967 and 1975. It was last sold for £407,500 in March 2006, which was around 88% above the average March 2006 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

FERNLEIGH Sold Prices

Land registry data shows two sales for FERNLEIGH 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 FERNLEIGH 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
2006 1 MAR	£407,500	£216,845	88% above HPI
1996 26 JUL	£165,000	£73,113	126% above HPI

FERNLEIGH 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 FERNLEIGH sales from July 1996 and March 2006 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 1996 sale was for 126% above the HPI. So the extrapolation line tracks at 126% above the HPI over time, until the March 2006 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is FERNLEIGH?

FERNLEIGH is 318m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 10% of detached houses in Castle Bytham, based on EPC data. The below chart shows the distribution of detached houses by size in Castle Bytham, and where FERNLEIGH lies on this distribution: 97% of detached houses are smaller than FERNLEIGH, and 3% of houses are larger. Note that EPC data is not available for all properties in Castle Bytham.

FERNLEIGH: Plot and Title Map

FERNLEIGH sits on a plot of roughly 0.567 of an acre, or 2,293m². The below map shows the location of FERNLEIGH, 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 FERNLEIGH). 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 FERNLEIGH?

FERNLEIGH is located on WATER LANE in CASTLE BYTHAM, in the NG33 postcode district. The below map shows the position of FERNLEIGH on WATER LANE.