THE BARN, WATERLOO ROAD, CAYTHORPE, GRANTHAM, NG32 3DX - £440,000

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.

THE BARN is a very large extended detached house of 195m², built sometime between 1967 and 1975, which could now be worth an estimated £551,454. It was last sold for £440,000 in May 2018, which was around 51% above the average May 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

THE BARN Sold Prices

Land registry data shows four sales for THE BARN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four THE BARN 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
2018 30 MAY	£440,000	£290,958	51% above HPI
2015 21 JUL	£433,000	£246,612	76% above HPI
2005 24 JUN	£385,000	£205,651	87% above HPI
1997 27 MAR	£130,000	£74,181	75% above HPI

THE BARN 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 four THE BARN sales between March 1997 and May 2018 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 July 2015 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the May 2018 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might THE BARN be worth now?

THE BARN might now be worth an estimated £551,454.

This is based on house price inflation of 25.3%, between May 2018 and February 2025, 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 25.3% inflationary increase is applied to the most recent sale price for THE BARN of £440,000 on 30th May 2018. For the value to have increased from £440,000 to £551,454 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of THE BARN has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2018 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of THE BARN has not materially changed since May 2018.

How Large is THE BARN?

THE BARN is 195m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% 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 THE BARN lies on this distribution: 82% of detached houses houses are smaller than THE BARN, and 17% of houses are larger. Note that EPC data is not available for all properties in Caythorpe.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.248 of an acre, or 1,005m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on WATERLOO ROAD in CAYTHORPE, in the NG32 postcode district. The below map shows the position of THE BARN on WATERLOO ROAD.