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

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

THE BARN is a very large extended detached house of 195m², built sometime between 1967 and 1975. It was last sold for £440,000 in May 2018, which was around 49% 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	£295,828	49% above HPI
2015 21 JUL	£433,000	£250,740	73% above HPI
2005 24 JUN	£385,000	£209,093	84% above HPI
1997 27 MAR	£130,000	£75,423	72% 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 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the May 2018 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

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 in Caythorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Caythorpe, and where THE BARN lies on this distribution: 82% of detached houses are smaller than THE BARN, and 18% 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.