10, ROWANWOOD DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8GT - £252,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 ROWANWOOD DRIVE is a midsized detached house of 111m², built sometime between 1983 and 1990. It was last sold for £252,500 in March 2018, which was around 14% below the average March 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was B.

10 ROWANWOOD DRIVE Sold Prices

Land registry data shows three sales for 10 ROWANWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. One of the three 10 ROWANWOOD DRIVE sales was for below the average price, whilst two 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
2018 2 MAR	£252,500	£293,519	14% below HPI
2000 20 APR	£112,950	£95,479	18% above HPI
1996 28 JUN	£76,000	£68,898	10% above HPI

10 ROWANWOOD 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 three 10 ROWANWOOD DRIVE sales between June 1996 and March 2018 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 April 2000 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 10 ROWANWOOD DRIVE be worth now?

10 ROWANWOOD DRIVE might now be worth an estimated £316,861.

This is based on house price inflation of 25.5%, between March 2018 and December 2024, 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 25.5% inflationary increase is applied to the most recent sale price for 10 ROWANWOOD DRIVE of £252,500 on 2nd March 2018. For the value to have increased from £252,500 to £316,861 over the five years and three months to December 2024, the following assumptions must hold true:

• The value of 10 ROWANWOOD DRIVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2018 sale price of £252,500 represented a fair market value for the property.
• The size, condition, and specification of 10 ROWANWOOD DRIVE has not materially changed since March 2018.

How Large is 10 ROWANWOOD DRIVE?

10 ROWANWOOD DRIVE is 111m² according to the EPC inspection conducted in August 2017. This puts it in the largest 50% 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 ROWANWOOD DRIVE lies on this distribution: 48% of detached houses houses are smaller than 10 ROWANWOOD DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Grantham.

10 ROWANWOOD DRIVE: Plot and Title Map

10 ROWANWOOD DRIVE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 10 ROWANWOOD 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 ROWANWOOD 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 ROWANWOOD DRIVE?

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