1, LODGE WAY, GRANTHAM, NG31 8DD - £176,500

1 LODGE WAY is a small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £176,500 in May 2015, which was around 26% below the average May 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

1 LODGE WAY Sold Prices

Land registry data shows two sales for 1 LODGE WAY 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. Both of the two 1 LODGE WAY sales were for below 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 1 MAY	£176,500	£239,807	26% below HPI
2003 11 JUN	£165,000	£176,883	7% below HPI

1 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 two 1 LODGE WAY sales from June 2003 and May 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 June 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 LODGE WAY?

1 LODGE WAY is 84m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% 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 LODGE WAY lies on this distribution: 21% of detached houses are smaller than 1 LODGE WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 LODGE WAY: Plot and Title Map

1 LODGE WAY sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of 1 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 1 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 1 LODGE WAY?

1 LODGE WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 1 on LODGE WAY.