STONEPIT LODGE, ROSEMARY RISE, INGOLDSBY, GRANTHAM, NG33 4EL - £254,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

STONEPIT LODGE is a small detached house of 125m², built sometime between 1996 and 2002. It was last sold for £254,500 in December 2020, which was around 20% below the average December 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

STONEPIT LODGE Sold Prices

Land registry data shows two sales for STONEPIT LODGE 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 LODGE 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
2020 18 DEC	£254,500	£318,969	20% below HPI
2008 6 MAY	£190,000	£242,299	22% below HPI

STONEPIT LODGE 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 LODGE sales from May 2008 and December 2020 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 May 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is STONEPIT LODGE?

STONEPIT LODGE is 125m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses in Ingoldsby, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldsby, and where STONEPIT LODGE lies on this distribution: 30% of detached houses are smaller than STONEPIT LODGE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ingoldsby.

STONEPIT LODGE: Plot and Title Map

STONEPIT LODGE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of STONEPIT LODGE, 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 LODGE). 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 LODGE?

STONEPIT LODGE is located on ROSEMARY RISE in INGOLDSBY, in the NG33 postcode district. The below map shows the position of STONEPIT LODGE on ROSEMARY RISE.