STONEPIT FARM, SWINSTEAD ROAD, CORBY GLEN, GRANTHAM, NG33 4NU - £340,000

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

STONEPIT FARM is a large extended detached house of 180m², built sometime before 1900. It was last sold for £340,000 in September 2021, which was around 3% above the average September 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2011, where the current energy rating was F, and the potential energy rating was F.

STONEPIT FARM Sold Prices

Land registry data shows two sales for STONEPIT FARM 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 STONEPIT FARM 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
2021 1 SEP	£340,000	£329,642	3% above HPI
2011 1 DEC	£340,000	£220,954	54% above HPI

STONEPIT FARM 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 STONEPIT FARM sales from December 2011 and September 2021 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 December 2011 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the September 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is STONEPIT FARM?

STONEPIT FARM is 180m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 40% of detached houses in Corby Glen, based on EPC data. The below chart shows the distribution of detached houses by size in Corby Glen, and where STONEPIT FARM lies on this distribution: 65% of detached houses are smaller than STONEPIT FARM, and 35% of houses are larger. Note that EPC data is not available for all properties in Corby Glen.

STONEPIT FARM: Plot and Title Map

STONEPIT FARM sits on a plot of roughly 0.410 of an acre, or 1,659m². The below map shows the location of STONEPIT FARM, 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 STONEPIT FARM). 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 STONEPIT FARM?

STONEPIT FARM is located on SWINSTEAD ROAD in CORBY GLEN, in the NG33 postcode district. The below map shows the position of STONEPIT FARM on SWINSTEAD ROAD.