GREENACRE, PINFOLD LANE, MARSTON, GRANTHAM, NG32 2HR - £375,000

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.

GREENACRE is a midsized extended detached house of 166m², built sometime between 1967 and 1975, which could now be worth an estimated £518,412. It was last sold for £375,000 in August 2016, which was around 42% above the average August 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

GREENACRE Sold Prices

Land registry data shows three sales for GREENACRE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three GREENACRE 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
2016 12 AUG	£375,000	£263,781	42% above HPI
2015 20 NOV	£320,000	£254,167	26% above HPI
2014 14 MAR	£265,000	£223,835	18% above HPI

GREENACRE 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 three GREENACRE sales between March 2014 and August 2016 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 November 2015 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2016 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might GREENACRE be worth now?

GREENACRE might now be worth an estimated £518,412.

This is based on house price inflation of 38.2%, between August 2016 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 38.2% inflationary increase is applied to the most recent sale price for GREENACRE of £375,000 on 12th August 2016. For the value to have increased from £375,000 to £518,412 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of GREENACRE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2016 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of GREENACRE has not materially changed since August 2016.

How Large is GREENACRE?

GREENACRE is 166m², which includes two extensions, according to the EPC inspection conducted in December 2013. This puts it in the smallest 50% of detached houses houses in Marston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marston, and where GREENACRE lies on this distribution: 41% of detached houses houses are smaller than GREENACRE, and 59% of houses are larger. Note that EPC data is not available for all properties in Marston.

GREENACRE: Plot and Title Map

GREENACRE sits on a plot of roughly 0.296 of an acre, or 1,198m². The below map shows the location of GREENACRE, 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 GREENACRE). 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 GREENACRE?

GREENACRE is located on PINFOLD LANE in MARSTON, in the NG32 postcode district. The below map shows the position of GREENACRE on PINFOLD LANE.