10, PINEWOOD DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8QQ - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 PINEWOOD DRIVE is a small detached house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £322,735. It was last sold for £250,000 in December 2017, which was around 12% below the average December 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

10 PINEWOOD DRIVE Sold Prices

Land registry data shows two sales for 10 PINEWOOD 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 PINEWOOD 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
2017 15 DEC	£250,000	£283,926	12% below HPI
2011 25 NOV	£155,000	£213,969	28% below HPI

10 PINEWOOD 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 PINEWOOD DRIVE sales from November 2011 and December 2017 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 November 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2017 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 10 PINEWOOD DRIVE be worth now?

10 PINEWOOD DRIVE might now be worth an estimated £322,735.

This is based on house price inflation of 29.1%, between December 2017 and March 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.1% inflationary increase is applied to the most recent sale price for 10 PINEWOOD DRIVE of £250,000 on 15th December 2017. For the value to have increased from £250,000 to £322,735 over the eight years and nine months to March 2025, the following assumptions must hold true:

• The value of 10 PINEWOOD DRIVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2017 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PINEWOOD DRIVE has not materially changed since December 2017.

How Large is 10 PINEWOOD DRIVE?

10 PINEWOOD DRIVE is 87m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 10 PINEWOOD DRIVE lies on this distribution: 24% of detached houses houses are smaller than 10 PINEWOOD DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Grantham.

10 PINEWOOD DRIVE: Plot and Title Map

10 PINEWOOD DRIVE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 10 PINEWOOD 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 PINEWOOD 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 PINEWOOD DRIVE?

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