HILLCREST, RECTORY LANE, BARROWBY, GRANTHAM, NG32 1BT - £460,000

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

HILLCREST is a very large detached house of 211m², built sometime from 2007 onwards. It was last sold for £460,000 in December 2018, which was around 53% above the average December 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST 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 HILLCREST 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
2018 13 DEC	£460,000	£300,571	53% above HPI
2015 16 JUL	£405,000	£250,740	62% above HPI

HILLCREST 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 HILLCREST sales from July 2015 and December 2018 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 2015 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the December 2018 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is HILLCREST?

HILLCREST is 211m² according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses in Barrowby, based on EPC data. The below chart shows the distribution of detached houses by size in Barrowby, and where HILLCREST lies on this distribution: 87% of detached houses are smaller than HILLCREST, and 13% of houses are larger. Note that EPC data is not available for all properties in Barrowby.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on RECTORY LANE in BARROWBY, in the NG32 postcode district. The below map shows the position of HILLCREST on RECTORY LANE.