THE SHRUBBERY, SOUTH HEATH LANE, FULBECK, GRANTHAM, NG32 3HU - £475,000

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 SHRUBBERY is a large extended detached house of 187m², built sometime between 1900 and 1929. It was last sold for £475,000 in December 2022, which was around 25% above the average December 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2022, where the current energy rating was F, and the potential energy rating was C.

THE SHRUBBERY Sold Prices

Land registry data shows three sales for THE SHRUBBERY 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 SHRUBBERY 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
2022 12 DEC	£475,000	£381,233	25% above HPI
2013 4 DEC	£300,000	£231,650	30% above HPI
2002 31 JAN	£169,000	£128,517	32% above HPI

THE SHRUBBERY 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 SHRUBBERY sales between January 2002 and December 2022 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 2013 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is THE SHRUBBERY?

THE SHRUBBERY is 187m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 30% of detached houses in Fulbeck, based on EPC data. The below chart shows the distribution of detached houses by size in Fulbeck, and where THE SHRUBBERY lies on this distribution: 72% of detached houses are smaller than THE SHRUBBERY, and 28% of houses are larger. Note that EPC data is not available for all properties in Fulbeck.

THE SHRUBBERY: Plot and Title Map

THE SHRUBBERY sits on a plot of roughly 0.286 of an acre, or 1,156m². The below map shows the location of THE SHRUBBERY, 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 SHRUBBERY). 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 SHRUBBERY?

THE SHRUBBERY is located on SOUTH HEATH LANE in FULBECK, in the NG32 postcode district. The below map shows the position of THE SHRUBBERY on SOUTH HEATH LANE.