103, NEW BEACON ROAD, GRANTHAM, NG31 9LE - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

103 NEW BEACON ROAD is a small detached house of 96m², built sometime between 1976 and 1982. It was last sold for £225,000 in February 2017, which was around 18% below the average February 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

103 NEW BEACON ROAD Sold Prices

Land registry data shows three sales for 103 NEW BEACON ROAD 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. All of the three 103 NEW BEACON ROAD 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 16 FEB	£225,000	£273,684	18% below HPI
2004 28 MAY	£180,000	£190,354	5% below HPI
2000 9 JUN	£85,000	£105,723	20% below HPI

103 NEW BEACON ROAD 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 103 NEW BEACON ROAD sales between June 2000 and February 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 May 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 103 NEW BEACON ROAD?

103 NEW BEACON ROAD is 96m² according to the EPC inspection conducted in March 2016. 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 103 NEW BEACON ROAD lies on this distribution: 32% of detached houses are smaller than 103 NEW BEACON ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Grantham.

103 NEW BEACON ROAD: Plot and Title Map

103 NEW BEACON ROAD sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 103 NEW BEACON ROAD, 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 103 NEW BEACON ROAD). 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 103 NEW BEACON ROAD?

103 NEW BEACON ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 103 on NEW BEACON ROAD.