ROSEBANK, SCOTTS HILL, FULBECK, GRANTHAM, NG32 3JU - £675,000

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.

ROSEBANK is a large extended detached house of 193m², built sometime between 1967 and 1975, which could now be worth an estimated £648,154. It was last sold for £675,000 in October 2022, which was around 78% above the average October 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.

ROSEBANK Sold Prices

Land registry data shows two sales for ROSEBANK 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 ROSEBANK 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
2022 20 OCT	£675,000	£379,763	78% above HPI
2006 17 NOV	£387,500	£228,223	70% above HPI

ROSEBANK 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 ROSEBANK sales from November 2006 and October 2022 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 2006 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the October 2022 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might ROSEBANK be worth now?

ROSEBANK might now be worth an estimated £648,154.

This is based on house price deflation of 4%, between October 2022 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 4% deflationary decrease is applied to the most recent sale price for ROSEBANK of £675,000 on 20th October 2022. For the value to have decreased from £675,000 to £648,154 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of ROSEBANK has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2022 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of ROSEBANK has not materially changed since October 2022.

How Large is ROSEBANK?

ROSEBANK is 193m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses houses in Fulbeck, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fulbeck, and where ROSEBANK lies on this distribution: 74% of detached houses houses are smaller than ROSEBANK, and 26% of houses are larger. Note that EPC data is not available for all properties in Fulbeck.

ROSEBANK: Plot and Title Map

ROSEBANK sits on a plot of roughly 0.286 of an acre, or 1,159m². The below map shows the location of ROSEBANK, 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 ROSEBANK). 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 ROSEBANK?

ROSEBANK is located on SCOTTS HILL in FULBECK, in the NG32 postcode district. The below map shows the position of ROSEBANK on SCOTTS HILL.