WYKE LODGE, GORSE HILL LANE, CAYTHORPE, GRANTHAM, NG32 3DY - £286,000

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

WYKE LODGE is a large detached house of 159m², built sometime between 1976 and 1982. It was last sold for £286,000 in October 2019, which was around 8% below the average October 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2016, where the current energy rating was F, and the potential energy rating was B.

WYKE LODGE Sold Prices

Land registry data shows two sales for WYKE LODGE 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. One of the two WYKE LODGE 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
2019 2 OCT	£286,000	£310,208	8% below HPI
2016 19 JAN	£274,000	£265,867	3% above HPI

WYKE LODGE 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 WYKE LODGE sales from January 2016 and October 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 January 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is WYKE LODGE?

WYKE LODGE is 159m² according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses in Caythorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Caythorpe, and where WYKE LODGE lies on this distribution: 66% of detached houses are smaller than WYKE LODGE, and 34% of houses are larger. Note that EPC data is not available for all properties in Caythorpe.

WYKE LODGE: Plot and Title Map

WYKE LODGE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of WYKE LODGE, 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 WYKE LODGE). 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 WYKE LODGE?

WYKE LODGE is located on GORSE HILL LANE in CAYTHORPE, in the NG32 postcode district. The below map shows the position of WYKE LODGE on GORSE HILL LANE.