1, ROSEDALE DRIVE, GRANTHAM, NG31 8PY - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ROSEDALE DRIVE is a midsized extended detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £300,165. It was last sold for £240,000 in May 2019, which was around 19% below the average May 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

1 ROSEDALE DRIVE Sold Prices

Land registry data shows two sales for 1 ROSEDALE DRIVE 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 ROSEDALE DRIVE 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
2019 23 MAY	£240,000	£294,507	19% below HPI
1999 27 AUG	£87,950	£92,112	5% below HPI

1 ROSEDALE DRIVE 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 ROSEDALE DRIVE sales from August 1999 and May 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 August 1999 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 ROSEDALE DRIVE be worth now?

1 ROSEDALE DRIVE might now be worth an estimated £300,165.

This is based on house price inflation of 25.1%, between May 2019 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.1% inflationary increase is applied to the most recent sale price for 1 ROSEDALE DRIVE of £240,000 on 23rd May 2019. For the value to have increased from £240,000 to £300,165 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 1 ROSEDALE DRIVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ROSEDALE DRIVE has not materially changed since May 2019.

How Large is 1 ROSEDALE DRIVE?

1 ROSEDALE DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 50% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 1 ROSEDALE DRIVE lies on this distribution: 53% of detached houses houses are smaller than 1 ROSEDALE DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 ROSEDALE DRIVE: Plot and Title Map

1 ROSEDALE DRIVE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 1 ROSEDALE DRIVE, 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 ROSEDALE DRIVE). 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 ROSEDALE DRIVE?

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