THE POST BOX, THE SQUARE, SKILLINGTON, GRANTHAM, NG33 5HB - £150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE POST BOX is a very small semi-detached house of 73m², built sometime before 1900, which could now be worth an estimated £224,099. It was last sold for £150,000 in October 2015, which was around 5% below the average October 2015 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

THE POST BOX Sold Prices

Land registry data shows two sales for THE POST BOX since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. One of the two THE POST BOX sales was for below the average price, whilst the other was 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 29 OCT	£150,000	£158,138	5% below HPI
2012 14 DEC	£145,000	£134,940	7% above HPI

THE POST BOX Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two THE POST BOX sales from December 2012 and October 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 December 2012 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might THE POST BOX be worth now?

THE POST BOX might now be worth an estimated £224,099.

This is based on house price inflation of 49.4%, between October 2015 and February 2025, for semi-detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.4% inflationary increase is applied to the most recent sale price for THE POST BOX of £150,000 on 29th October 2015. For the value to have increased from £150,000 to £224,099 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of THE POST BOX has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The October 2015 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of THE POST BOX has not materially changed since October 2015.

How Large is THE POST BOX?

THE POST BOX is 73m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of semi-detached houses houses in Skillington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Skillington, and where THE POST BOX lies on this distribution: Less than 1% of semi-detached houses houses are smaller than THE POST BOX, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Skillington.

THE POST BOX: Plot and Title Map

THE POST BOX sits on a plot of roughly 0.019 of an acre, or 77m². The below map shows the location of THE POST BOX, 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 POST BOX). 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 POST BOX?

THE POST BOX is located on THE SQUARE in SKILLINGTON, in the NG33 postcode district. The below map shows the position of THE POST BOX on THE SQUARE.