HEATHFIELD, GRANTHAM ROAD, INGOLDSBY, GRANTHAM, NG33 4EQ - £269,000

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.

HEATHFIELD is a midsized detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £325,233. It was last sold for £269,000 in August 2020, which was around 11% below the average August 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

HEATHFIELD Sold Prices

Land registry data shows three sales for HEATHFIELD 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. One of the three HEATHFIELD sales was for below the average price, whilst two 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
2020 19 AUG	£269,000	£301,609	11% below HPI
1998 27 JUL	£118,000	£82,462	43% above HPI
1995 8 JUN	£75,000	£68,798	9% above HPI

HEATHFIELD 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 HEATHFIELD sales between June 1995 and August 2020 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 1998 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the August 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might HEATHFIELD be worth now?

HEATHFIELD might now be worth an estimated £325,233.

This is based on house price inflation of 20.9%, between August 2020 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 20.9% inflationary increase is applied to the most recent sale price for HEATHFIELD of £269,000 on 19th August 2020. For the value to have increased from £269,000 to £325,233 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of HEATHFIELD has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2020 sale price of £269,000 represented a fair market value for the property.
• The size, condition, and specification of HEATHFIELD has not materially changed since August 2020.

How Large is HEATHFIELD?

HEATHFIELD is 148m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 50% of detached houses houses in Ingoldsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ingoldsby, and where HEATHFIELD lies on this distribution: 43% of detached houses houses are smaller than HEATHFIELD, and 55% of houses are larger. Note that EPC data is not available for all properties in Ingoldsby.

HEATHFIELD: Plot and Title Map

HEATHFIELD sits on a plot of roughly 0.224 of an acre, or 905m². The below map shows the location of HEATHFIELD, 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 HEATHFIELD). 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 HEATHFIELD?

HEATHFIELD is located on GRANTHAM ROAD in INGOLDSBY, in the NG33 postcode district. The below map shows the position of HEATHFIELD on GRANTHAM ROAD.