1, WEBSTER WAY, GONERBY HILL FOOT, GRANTHAM, NG31 8GH - £262,000

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 WEBSTER WAY is a small extended detached house of 99m², built sometime between 1991 and 1995. It was last sold for £262,000 in December 2021, which was around 25% below the average December 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

1 WEBSTER WAY Sold Prices

Land registry data shows two sales for 1 WEBSTER 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 WEBSTER 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
2021 17 DEC	£262,000	£349,401	25% below HPI
2002 31 MAY	£123,500	£137,835	10% below HPI

1 WEBSTER 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 WEBSTER WAY sales from May 2002 and December 2021 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 May 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 WEBSTER WAY?

1 WEBSTER WAY is 99m², which includes two extensions, according to the EPC inspection conducted in June 2021. 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 WEBSTER WAY lies on this distribution: 36% of detached houses are smaller than 1 WEBSTER WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 WEBSTER WAY: Plot and Title Map

1 WEBSTER WAY sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 1 WEBSTER 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 WEBSTER 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 WEBSTER WAY?

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