INNISFREE, HONINGTON ROAD, BARKSTON, GRANTHAM, NG32 2NG - £623,500

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.

INNISFREE is a very large extended detached house of 248m², built sometime from 2007 onwards, which could now be worth an estimated £663,727. It was last sold for £623,500 in November 2021, which was around 82% above the average November 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2012, where the current energy rating was B, and the potential energy rating was B.

INNISFREE Sold Prices

Land registry data shows two sales for INNISFREE 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. One of the two INNISFREE sales was for above the average price, whilst the other was for below 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 19 NOV	£623,500	£342,558	82% above HPI
2007 30 MAR	£190,000	£229,832	17% below HPI

INNISFREE 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 INNISFREE sales from March 2007 and November 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 March 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2021 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

What might INNISFREE be worth now?

INNISFREE might now be worth an estimated £663,727.

This is based on house price inflation of 6.5%, between November 2021 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 6.5% inflationary increase is applied to the most recent sale price for INNISFREE of £623,500 on 19th November 2021. For the value to have increased from £623,500 to £663,727 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of INNISFREE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2021 sale price of £623,500 represented a fair market value for the property.
• The size, condition, and specification of INNISFREE has not materially changed since November 2021.

How Large is INNISFREE?

INNISFREE is 248m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 10% of detached houses houses in Barkston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barkston, and where INNISFREE lies on this distribution: 93% of detached houses houses are smaller than INNISFREE, and 7% of houses are larger. Note that EPC data is not available for all properties in Barkston.

INNISFREE: Plot and Title Map

INNISFREE sits on a plot of roughly 0.275 of an acre, or 1,113m². The below map shows the location of INNISFREE, 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 INNISFREE). 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 INNISFREE?

INNISFREE is located on HONINGTON ROAD in BARKSTON, in the NG32 postcode district. The below map shows the position of INNISFREE on HONINGTON ROAD.