SCHOOL VIEW, BACK LANE, CAYTHORPE, GRANTHAM, NG32 3EE - £337,500

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

SCHOOL VIEW is a small detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £329,323. It was last sold for £337,500 in September 2022, which was around 11% below the average September 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

SCHOOL VIEW Sold Prices

Land registry data shows five sales for SCHOOL VIEW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five SCHOOL VIEW sales were 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
2022 20 SEP	£337,500	£377,482	11% below HPI
2014 15 APR	£193,500	£224,859	14% below HPI
2009 9 APR	£137,000	£201,068	32% below HPI
1998 19 MAY	£69,000	£81,747	16% below HPI
1997 23 MAY	£59,750	£75,418	21% below HPI

SCHOOL VIEW 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 five SCHOOL VIEW sales between May 1997 and September 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 April 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might SCHOOL VIEW be worth now?

SCHOOL VIEW might now be worth an estimated £329,323.

This is based on house price deflation of 2.4%, between September 2022 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 2.4% deflationary decrease is applied to the most recent sale price for SCHOOL VIEW of £337,500 on 20th September 2022. For the value to have decreased from £337,500 to £329,323 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of SCHOOL VIEW has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2022 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of SCHOOL VIEW has not materially changed since September 2022.

How Large is SCHOOL VIEW?

SCHOOL VIEW is 120m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% of detached houses houses in Caythorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caythorpe, and where SCHOOL VIEW lies on this distribution: 38% of detached houses houses are smaller than SCHOOL VIEW, and 61% of houses are larger. Note that EPC data is not available for all properties in Caythorpe.

SCHOOL VIEW: Plot and Title Map

SCHOOL VIEW sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of SCHOOL VIEW, 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 VIEW). 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 VIEW?

SCHOOL VIEW is located on BACK LANE in CAYTHORPE, in the NG32 postcode district. The below map shows the position of SCHOOL VIEW on BACK LANE.