10, LODGE WAY, GRANTHAM, NG31 8DD - £275,000

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 LODGE WAY is a small detached house of 96m², built sometime between 1967 and 1975. It was last sold for £275,000 in January 2019, which was around 9% below the average January 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

10 LODGE WAY Sold Prices

Land registry data shows two sales for 10 LODGE 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 10 LODGE 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
2019 10 JAN	£275,000	£302,081	9% below HPI
2015 10 JUL	£200,000	£250,740	20% below HPI

10 LODGE 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 10 LODGE WAY sales from July 2015 and January 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 July 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2019 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 10 LODGE WAY?

10 LODGE WAY is 96m² according to the EPC inspection conducted in January 2015. 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 10 LODGE WAY lies on this distribution: 32% of detached houses are smaller than 10 LODGE WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Grantham.

10 LODGE WAY: Plot and Title Map

10 LODGE WAY sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 10 LODGE 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 10 LODGE 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 10 LODGE WAY?

10 LODGE WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 10 on LODGE WAY.