10, CHERRYWOOD DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8QL - £270,000

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

10 CHERRYWOOD DRIVE is a midsized extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £270,000 in July 2024, which was around 27% below the average July 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

10 CHERRYWOOD DRIVE Sold Prices

Land registry data shows two sales for 10 CHERRYWOOD 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 10 CHERRYWOOD 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
2024 26 JUL	£270,000	£370,630	27% below HPI
1999 5 OCT	£69,950	£95,784	27% below HPI

10 CHERRYWOOD 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 10 CHERRYWOOD DRIVE sales from October 1999 and July 2024 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 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2024 sale, which was also at 27% below the HPI.

How Large is 10 CHERRYWOOD DRIVE?

10 CHERRYWOOD DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 10 CHERRYWOOD DRIVE lies on this distribution: 42% of detached houses are smaller than 10 CHERRYWOOD DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Grantham.

10 CHERRYWOOD DRIVE: Plot and Title Map

10 CHERRYWOOD DRIVE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 10 CHERRYWOOD 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 10 CHERRYWOOD 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 10 CHERRYWOOD DRIVE?

10 CHERRYWOOD DRIVE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 10 on CHERRYWOOD DRIVE.