THE REDHOUSE, LOW ROAD, BARROWBY, GRANTHAM, NG32 1DL - £450,000

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 REDHOUSE is a large extended detached house of 152m², built sometime before 1900. It was last sold for £450,000 in December 2019, which was around 48% above the average December 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

THE REDHOUSE Sold Prices

Land registry data shows two sales for THE REDHOUSE 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 REDHOUSE 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
2019 13 DEC	£450,000	£303,832	48% above HPI
2009 11 AUG	£290,000	£201,921	44% above HPI

THE REDHOUSE 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 REDHOUSE sales from August 2009 and December 2019 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 2009 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the December 2019 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is THE REDHOUSE?

THE REDHOUSE is 152m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 30% 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 REDHOUSE lies on this distribution: 77% of detached houses are smaller than THE REDHOUSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Barrowby.

THE REDHOUSE: Plot and Title Map

THE REDHOUSE sits on a plot of roughly 0.265 of an acre, or 1,073m². The below map shows the location of THE REDHOUSE, 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 REDHOUSE). 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 REDHOUSE?

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