1, GRAMPIAN WAY, GONERBY HILL FOOT, GRANTHAM, NG31 8FY - £280,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 GRAMPIAN WAY is a very large extended detached house of 158m², built sometime between 1996 and 2002. It was last sold for £280,000 in November 2015, which was around 8% above the average November 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

1 GRAMPIAN WAY Sold Prices

Land registry data shows four sales for 1 GRAMPIAN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 1 GRAMPIAN WAY 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
2015 18 NOV	£280,000	£258,421	8% above HPI
2000 25 JAN	£139,000	£94,625	47% above HPI
1998 1 APR	£118,000	£81,954	44% above HPI
1995 24 FEB	£106,450	£69,387	53% above HPI

1 GRAMPIAN 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 four 1 GRAMPIAN WAY sales between February 1995 and November 2015 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 2000 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2015 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 1 GRAMPIAN WAY?

1 GRAMPIAN WAY is 158m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 1 GRAMPIAN WAY lies on this distribution: 85% of detached houses are smaller than 1 GRAMPIAN WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 GRAMPIAN WAY: Plot and Title Map

1 GRAMPIAN WAY sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 1 GRAMPIAN 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 1 GRAMPIAN 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 1 GRAMPIAN WAY?

1 GRAMPIAN WAY is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 1 on GRAMPIAN WAY.