10, PENNINE WAY, GONERBY HILL FOOT, GRANTHAM, NG31 8FZ - £383,000

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 PENNINE WAY is a large extended detached house of 144m², built sometime between 1983 and 1990. It was last sold for £383,000 in December 2021, which was around 10% above the average December 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

10 PENNINE WAY Sold Prices

Land registry data shows six sales for 10 PENNINE WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the six 10 PENNINE WAY 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
2021 20 DEC	£383,000	£349,401	10% above HPI
2020 27 FEB	£317,500	£298,901	6% above HPI
2012 16 OCT	£202,500	£218,225	7% below HPI
2002 15 NOV	£192,000	£163,069	18% above HPI
2000 30 JUN	£123,000	£105,723	16% above HPI
1995 21 NOV	£94,995	£71,233	33% above HPI

10 PENNINE 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 six 10 PENNINE WAY sales between November 1995 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 February 2020 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 10 PENNINE WAY?

10 PENNINE WAY is 144m², which includes one extension, according to the EPC inspection conducted in September 2021. 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 10 PENNINE WAY lies on this distribution: 78% of detached houses are smaller than 10 PENNINE WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Grantham.

10 PENNINE WAY: Plot and Title Map

10 PENNINE WAY sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 10 PENNINE 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 PENNINE 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 PENNINE WAY?

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