NUMBER SEVEN, TANNERS LANE, CORBY GLEN, GRANTHAM, NG33 4NA - £370,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

NUMBER SEVEN is a large extended detached house of 188m², built sometime between 1983 and 1990, which could now be worth an estimated £479,841. It was last sold for £370,000 in August 2017, which was around 30% above the average August 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

NUMBER SEVEN Sold Prices

Land registry data shows two sales for NUMBER SEVEN 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 NUMBER SEVEN 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
2017 23 AUG	£370,000	£284,020	30% above HPI
2011 23 AUG	£249,999	£219,463	14% above HPI

NUMBER SEVEN 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 NUMBER SEVEN sales from August 2011 and August 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 August 2011 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2017 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might NUMBER SEVEN be worth now?

NUMBER SEVEN might now be worth an estimated £479,841.

This is based on house price inflation of 29.7%, between August 2017 and December 2024, 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 29.7% inflationary increase is applied to the most recent sale price for NUMBER SEVEN of £370,000 on 23rd August 2017. For the value to have increased from £370,000 to £479,841 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of NUMBER SEVEN has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2017 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of NUMBER SEVEN has not materially changed since August 2017.

How Large is NUMBER SEVEN?

NUMBER SEVEN is 188m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 30% of detached houses houses in Corby Glen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corby Glen, and where NUMBER SEVEN lies on this distribution: 74% of detached houses houses are smaller than NUMBER SEVEN, and 24% of houses are larger. Note that EPC data is not available for all properties in Corby Glen.

NUMBER SEVEN: Plot and Title Map

NUMBER SEVEN sits on a plot of roughly 0.224 of an acre, or 908m². The below map shows the location of NUMBER SEVEN, 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 NUMBER SEVEN). 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 NUMBER SEVEN?

NUMBER SEVEN is located on TANNERS LANE in CORBY GLEN, in the NG33 postcode district. The below map shows the position of NUMBER SEVEN on TANNERS LANE.