10, THE BELFRY, GRANTHAM, NG31 9QL - £154,000

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 THE BELFRY is a very small semi-detached house of 65m², built sometime between 1996 and 2002, which could now be worth an estimated £191,066. It was last sold for £154,000 in October 2018, which was around 19% below the average October 2018 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

10 THE BELFRY Sold Prices

Land registry data shows four sales for 10 THE BELFRY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 10 THE BELFRY 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
2018 22 OCT	£154,000	£190,424	19% below HPI
2018 25 JAN	£152,000	£180,431	16% below HPI
2007 16 FEB	£128,000	£146,466	13% below HPI
2003 30 MAY	£87,000	£103,338	16% below HPI

10 THE BELFRY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 10 THE BELFRY sales between May 2003 and October 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 January 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 10 THE BELFRY be worth now?

10 THE BELFRY might now be worth an estimated £191,066.

This is based on house price inflation of 24.1%, between October 2018 and February 2025, for semi-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 24.1% inflationary increase is applied to the most recent sale price for 10 THE BELFRY of £154,000 on 22nd October 2018. For the value to have increased from £154,000 to £191,066 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 10 THE BELFRY has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The October 2018 sale price of £154,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE BELFRY has not materially changed since October 2018.

How Large is 10 THE BELFRY?

10 THE BELFRY is 65m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of semi-detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grantham, and where 10 THE BELFRY lies on this distribution: 6% of semi-detached houses houses are smaller than 10 THE BELFRY, and 94% of houses are larger. Note that EPC data is not available for all properties in Grantham.

10 THE BELFRY: Plot and Title Map

10 THE BELFRY sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 10 THE BELFRY, 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 THE BELFRY). 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 THE BELFRY?

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