PRINCESS HOUSE, LORDS LANE, SKILLINGTON, GRANTHAM, NG33 5HE - £335,000

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.

PRINCESS HOUSE is a very small detached house of 118m², which could now be worth an estimated £389,397. It was last sold for £335,000 in December 2020, which was around 7% above the average December 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

PRINCESS HOUSE Sold Prices

Land registry data shows two sales for PRINCESS HOUSE 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 PRINCESS HOUSE 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
2020 22 DEC	£335,000	£313,718	7% above HPI
2019 18 SEP	£76,625	£306,060	75% below HPI

PRINCESS HOUSE 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 PRINCESS HOUSE sales from September 2019 and December 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 September 2019 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the December 2020 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might PRINCESS HOUSE be worth now?

PRINCESS HOUSE might now be worth an estimated £389,397.

This is based on house price inflation of 16.2%, between December 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 16.2% inflationary increase is applied to the most recent sale price for PRINCESS HOUSE of £335,000 on 22nd December 2020. For the value to have increased from £335,000 to £389,397 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of PRINCESS HOUSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2020 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of PRINCESS HOUSE has not materially changed since December 2020.

How Large is PRINCESS HOUSE?

PRINCESS HOUSE is 118m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% of detached houses houses in Skillington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skillington, and where PRINCESS HOUSE lies on this distribution: 17% of detached houses houses are smaller than PRINCESS HOUSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Skillington.

PRINCESS HOUSE: Plot and Title Map

PRINCESS HOUSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of PRINCESS HOUSE, 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 PRINCESS HOUSE). 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 PRINCESS HOUSE?

PRINCESS HOUSE is located on LORDS LANE in SKILLINGTON, in the NG33 postcode district. The below map shows the position of PRINCESS HOUSE on LORDS LANE.