THE OLD BLACKSMITHS, BACK LANE, INGOLDSBY, GRANTHAM, NG33 4EW - £260,000

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 OLD BLACKSMITHS is a small extended detached house of 113m², built sometime before 1900. It was last sold for £260,000 in March 2016, which was about the average March 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was D.

THE OLD BLACKSMITHS Sold Prices

Land registry data shows three sales for THE OLD BLACKSMITHS 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. The three THE OLD BLACKSMITHS sales were a mix of roughly equal to the average price, and 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
2016 16 MAR	£260,000	£259,840	Close to HPI
2001 9 NOV	£71,000	£121,508	42% below HPI
1999 8 JAN	£50,000	£88,213	43% below HPI

THE OLD BLACKSMITHS 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 OLD BLACKSMITHS sales between January 1999 and March 2016 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 November 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is THE OLD BLACKSMITHS?

THE OLD BLACKSMITHS is 113m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 30% of detached houses in Ingoldsby, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldsby, and where THE OLD BLACKSMITHS lies on this distribution: 23% of detached houses are smaller than THE OLD BLACKSMITHS, and 78% of houses are larger. Note that EPC data is not available for all properties in Ingoldsby.

THE OLD BLACKSMITHS: Plot and Title Map

THE OLD BLACKSMITHS sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of THE OLD BLACKSMITHS, 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 OLD BLACKSMITHS). 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 OLD BLACKSMITHS?

THE OLD BLACKSMITHS is located on BACK LANE in INGOLDSBY, in the NG33 postcode district. The below map shows the position of THE OLD BLACKSMITHS on BACK LANE.