1, THE ORCHARDS, GRANTHAM, NG31 9GW - £138,000

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 THE ORCHARDS is a large extended detached house of 139m², built sometime between 1996 and 2002. It was last sold for £138,000 in May 1999, which was around 54% above the average May 1999 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

1 THE ORCHARDS Sold Prices

Land registry data shows two sales for 1 THE ORCHARDS 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 THE ORCHARDS 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
1999 28 MAY	£138,000	£89,660	54% above HPI
1997 31 OCT	£95,000	£80,878	17% above HPI

1 THE ORCHARDS 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 THE ORCHARDS sales from October 1997 and May 1999 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 October 1997 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 1999 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 1 THE ORCHARDS?

1 THE ORCHARDS is 139m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 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 THE ORCHARDS lies on this distribution: 75% of detached houses are smaller than 1 THE ORCHARDS, and 24% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 THE ORCHARDS: Plot and Title Map

1 THE ORCHARDS sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 1 THE ORCHARDS, 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 THE ORCHARDS). 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 THE ORCHARDS?

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