TIKI, SOUTH HEATH LANE, FULBECK, GRANTHAM, NG32 3HU - £28,000

TIKI is a small detached house of 118m², built sometime between 1983 and 1990. It was last sold for £28,000 in March 2011, which was around 87% below the average March 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

TIKI Sold Prices

Land registry data shows two sales for TIKI 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 TIKI 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
2011 11 MAR	£28,000	£210,204	87% below HPI
2001 22 OCT	£133,000	£121,246	10% above HPI

TIKI 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 TIKI sales from October 2001 and March 2011 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 October 2001 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2011 sale, where it falls to 87% below the HPI. The line then continues to track at 87% below the HPI.

How Large is TIKI?

TIKI is 118m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 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 TIKI lies on this distribution: 30% of detached houses are smaller than TIKI, and 70% of houses are larger. Note that EPC data is not available for all properties in Fulbeck.

TIKI: Plot and Title Map

TIKI sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of TIKI, 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 TIKI). 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 TIKI?

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