THE FORGE, LORDS LANE, SKILLINGTON, GRANTHAM, NG33 5HE - £475,000

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

THE FORGE is a large extended detached house of 203m², built sometime before 1900. It was last sold for £475,000 in August 2015, which was around 89% above the average August 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was C.

THE FORGE Sold Prices

Land registry data shows two sales for THE FORGE 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 THE FORGE 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
2015 27 AUG	£475,000	£251,797	89% above HPI
2006 21 AUG	£410,000	£230,592	78% above HPI

THE FORGE 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 THE FORGE sales from August 2006 and August 2015 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 August 2006 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the August 2015 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is THE FORGE?

THE FORGE is 203m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 40% of detached houses in Skillington, based on EPC data. The below chart shows the distribution of detached houses by size in Skillington, and where THE FORGE lies on this distribution: 66% of detached houses are smaller than THE FORGE, and 34% of houses are larger. Note that EPC data is not available for all properties in Skillington.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.300 of an acre, or 1,213m². The below map shows the location of THE FORGE, 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 FORGE). 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 FORGE?

THE FORGE is located on LORDS LANE in SKILLINGTON, in the NG33 postcode district. The below map shows the position of THE FORGE on LORDS LANE.