GLEBE FARM, WALTHAM LANE, EATON, GRANTHAM, NG32 1SH - £650,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GLEBE FARM is a very large extended detached house of 190m², built sometime before 1900, which could now be worth an estimated £736,455. It was last sold for £650,000 in February 2021, which was around 85% above the average February 2021 detached price in the Melton local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

GLEBE FARM Sold Prices

Land registry data shows three sales for GLEBE FARM since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three GLEBE FARM 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
2021 2 FEB	£650,000	£351,394	85% above HPI
2016 19 JUL	£485,000	£290,608	67% above HPI
1999 29 JAN	£99,950	£92,281	8% above HPI

GLEBE FARM Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three GLEBE FARM sales between January 1999 and February 2021 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 2016 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the February 2021 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might GLEBE FARM be worth now?

GLEBE FARM might now be worth an estimated £736,455.

This is based on house price inflation of 13.3%, between February 2021 and December 2024, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for GLEBE FARM of £650,000 on 2nd February 2021. For the value to have increased from £650,000 to £736,455 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of GLEBE FARM has moved in line with the HPI for detached houses in the Melton local authority area.
• The February 2021 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of GLEBE FARM has not materially changed since February 2021.

How Large is GLEBE FARM?

GLEBE FARM is 190m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% of detached houses houses in Eaton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eaton, and where GLEBE FARM lies on this distribution: 81% of detached houses houses are smaller than GLEBE FARM, and 19% of houses are larger. Note that EPC data is not available for all properties in Eaton.

GLEBE FARM: Plot and Title Map

GLEBE FARM sits on a plot of roughly 0.218 of an acre, or 883m². The below map shows the location of GLEBE FARM, 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 GLEBE FARM). 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 GLEBE FARM?

GLEBE FARM is located on WALTHAM LANE in EATON, in the NG32 postcode district. The below map shows the position of GLEBE FARM on WALTHAM LANE.