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

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.

FERNLEIGH is a very large extended detached house of 318m², built sometime between 1967 and 1975, which could now be worth an estimated £696,746. It was last sold for £407,500 in March 2006, which was around 91% 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	£213,275	91% above HPI
1996 26 JUL	£165,000	£71,909	129% 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 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the March 2006 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might FERNLEIGH be worth now?

FERNLEIGH might now be worth an estimated £696,746.

This is based on house price inflation of 71%, between March 2006 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 71% inflationary increase is applied to the most recent sale price for FERNLEIGH of £407,500 on 1st March 2006. For the value to have increased from £407,500 to £696,746 over the nineteen years and one month to February 2025, the following assumptions must hold true:

• The value of FERNLEIGH has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2006 sale price of £407,500 represented a fair market value for the property.
• The size, condition, and specification of FERNLEIGH has not materially changed since March 2006.

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 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 FERNLEIGH lies on this distribution: 95% of detached houses houses are smaller than FERNLEIGH, and 5% 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.