JESSAMI, LOW ROAD, BARROWBY, GRANTHAM, NG32 1DJ - £575,000

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

JESSAMI is a very large extended detached house of 377m², built sometime between 1950 and 1966. It was last sold for £575,000 in February 2017, which was around 110% above the average February 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was B.

JESSAMI Sold Prices

Land registry data shows three sales for JESSAMI 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 JESSAMI sales was for above the average price, whilst two were 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
2017 23 FEB	£575,000	£273,684	110% above HPI
2014 24 NOV	£225,000	£237,784	5% below HPI
2003 22 MAY	£168,500	£171,876	2% below HPI

JESSAMI 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 JESSAMI sales between May 2003 and February 2017 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 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2017 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is JESSAMI?

JESSAMI is 377m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 10% of detached houses in Barrowby, based on EPC data. The below chart shows the distribution of detached houses by size in Barrowby, and where JESSAMI lies on this distribution: 98% of detached houses are smaller than JESSAMI, and 2% of houses are larger. Note that EPC data is not available for all properties in Barrowby.

JESSAMI: Plot and Title Map

JESSAMI sits on a plot of roughly 0.236 of an acre, or 954m². The below map shows the location of JESSAMI, 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 JESSAMI). 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 JESSAMI?

JESSAMI is located on LOW ROAD in BARROWBY, in the NG32 postcode district. The below map shows the position of JESSAMI on LOW ROAD.