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

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.

SCHOOL HOUSE is a large extended semi-detached house of 189m², built sometime before 1900, which could now be worth an estimated £705,469. It was last sold for £395,000 in April 2011, which was around 199% above the average April 2011 semi-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 semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the three SCHOOL HOUSE 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
2011 21 APR	£395,000	£132,283	199% above HPI
2006 4 AUG	£422,500	£147,340	187% above HPI
2003 26 SEP	£165,000	£111,808	48% above HPI

SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average semi-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 187% above the HPI. So the extrapolation line tracks at 187% above the HPI over time, until the April 2011 sale, where it rises to 199% above the HPI. The line then continues to track at 199% above the HPI.

What might SCHOOL HOUSE be worth now?

SCHOOL HOUSE might now be worth an estimated £705,469.

This is based on house price inflation of 78.6%, between April 2011 and February 2025, for semi-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 78.6% inflationary increase is applied to the most recent sale price for SCHOOL HOUSE of £395,000 on 21st April 2011. For the value to have increased from £395,000 to £705,469 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of SCHOOL HOUSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The April 2011 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of SCHOOL HOUSE has not materially changed since April 2011.

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 semi-detached houses houses in Allington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Allington, and where SCHOOL HOUSE lies on this distribution: 66% of semi-detached houses 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.