1, SANDON ROAD, GRANTHAM, NG31 9AZ - £230,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SANDON ROAD is a small extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £230,000 in February 2022, which was around 35% below the average February 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

1 SANDON ROAD Sold Prices

Land registry data shows two sales for 1 SANDON ROAD 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 SANDON ROAD 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
2022 10 FEB	£230,000	£352,660	35% below HPI
2016 18 JAN	£160,000	£265,867	40% below HPI

1 SANDON ROAD 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 SANDON ROAD sales from January 2016 and February 2022 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 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 SANDON ROAD?

1 SANDON ROAD is 94m², which includes three extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 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 1 SANDON ROAD lies on this distribution: 30% of detached houses are smaller than 1 SANDON ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 SANDON ROAD: Plot and Title Map

1 SANDON ROAD sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 1 SANDON ROAD, 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 SANDON ROAD). 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 SANDON ROAD?

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