THE GABLES, BACK LANE, CAYTHORPE, GRANTHAM, NG32 3EE - £255,000

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 GABLES is a small extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £255,000 in July 2014, which was around 13% above the average July 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

THE GABLES Sold Prices

Land registry data shows two sales for THE GABLES 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. One of the two THE GABLES sales was for above the average price, whilst the other was 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
2014 25 JUL	£255,000	£226,163	13% above HPI
2013 15 FEB	£212,000	£214,610	1% below HPI

THE GABLES 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 GABLES sales from February 2013 and July 2014 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 February 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2014 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is THE GABLES?

THE GABLES is 115m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% 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 GABLES lies on this distribution: 26% of detached houses are smaller than THE GABLES, and 72% of houses are larger. Note that EPC data is not available for all properties in Caythorpe.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.218 of an acre, or 884m². The below map shows the location of THE GABLES, 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 GABLES). 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 GABLES?

THE GABLES is located on BACK LANE in CAYTHORPE, in the NG32 postcode district. The below map shows the position of THE GABLES on BACK LANE.