THE NEW HOUSE, LOW ROAD, BARROWBY, GRANTHAM, NG32 1DL - £430,000

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 NEW HOUSE is a very large extended detached house of 214m², built sometime between 1983 and 1990. It was last sold for £430,000 in March 2023, which was around 16% above the average March 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

THE NEW HOUSE Sold Prices

Land registry data shows three sales for THE NEW HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three THE NEW HOUSE 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
2023 1 MAR	£430,000	£371,722	16% above HPI
2007 10 AUG	£345,000	£240,864	43% above HPI
2000 28 JAN	£126,000	£94,625	33% above HPI

THE NEW HOUSE 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 three THE NEW HOUSE sales between January 2000 and March 2023 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 2007 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the March 2023 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is THE NEW HOUSE?

THE NEW HOUSE is 214m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 20% of detached houses in Barrowby, based on EPC data. The below chart shows the distribution of detached houses by size in Barrowby, and where THE NEW HOUSE lies on this distribution: 88% of detached houses are smaller than THE NEW HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Barrowby.

THE NEW HOUSE: Plot and Title Map

THE NEW HOUSE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of THE NEW HOUSE, 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 NEW HOUSE). 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 NEW HOUSE?

THE NEW HOUSE is located on LOW ROAD in BARROWBY, in the NG32 postcode district. The below map shows the position of THE NEW HOUSE on LOW ROAD.