28, LODGE WAY, GRANTHAM, NG31 8DD - £170,000

28 LODGE WAY is a large extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £170,000 in June 2011, which was around 21% below the average June 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

28 LODGE WAY Sold Prices

Land registry data shows three sales for 28 LODGE WAY 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. The three 28 LODGE WAY sales were a mix of below the average price, and roughly equal to 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 14 JUN	£170,000	£215,370	21% below HPI
2003 15 SEP	£180,000	£184,697	3% below HPI
2002 24 OCT	£155,000	£155,618	Close to HPI

28 LODGE WAY 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 28 LODGE WAY sales between October 2002 and June 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 September 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2011 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 28 LODGE WAY?

28 LODGE WAY is 123m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 40% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 28 LODGE WAY lies on this distribution: 63% of detached houses are smaller than 28 LODGE WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Grantham.

28 LODGE WAY: Plot and Title Map

28 LODGE WAY sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 28 LODGE WAY, 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 28 LODGE WAY). 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 28 LODGE WAY?

28 LODGE WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 28 on LODGE WAY.