SCHOOL HOUSE, MARSTON LANE, ALLINGTON, GRANTHAM, NG32 2DY - £395,000

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

SCHOOL HOUSE is a large extended semi-detached house of 189m², built sometime before 1900. It was last sold for £395,000 in April 2011, which was around 84% above the average April 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

SCHOOL HOUSE Sold Prices

Land registry data shows three sales for SCHOOL HOUSE 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. Two of the three SCHOOL HOUSE sales were for above the average price, whilst one 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
2011 21 APR	£395,000	£214,963	84% above HPI
2006 4 AUG	£422,500	£230,592	83% above HPI
2003 26 SEP	£165,000	£184,697	11% below HPI

SCHOOL 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 three SCHOOL HOUSE sales between September 2003 and April 2011 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 2006 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the April 2011 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is SCHOOL HOUSE?

SCHOOL HOUSE is 189m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the largest 40% of detached houses in Allington, based on EPC data. The below chart shows the distribution of detached houses by size in Allington, and where SCHOOL HOUSE lies on this distribution: 66% of detached houses are smaller than SCHOOL HOUSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Allington.

SCHOOL HOUSE: Plot and Title Map

SCHOOL HOUSE sits on a plot of roughly 0.215 of an acre, or 869m². The below map shows the location of SCHOOL 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 SCHOOL 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 SCHOOL HOUSE?

SCHOOL HOUSE is located on MARSTON LANE in ALLINGTON, in the NG32 postcode district. The below map shows the position of SCHOOL HOUSE on MARSTON LANE.