108, HAZELWOOD DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8GX - £155,000

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.

108 HAZELWOOD DRIVE is a very small semi-detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £193,386. It was last sold for £155,000 in September 2020, which was around 19% below the average September 2020 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

108 HAZELWOOD DRIVE Sold Prices

Land registry data shows three sales for 108 HAZELWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 108 HAZELWOOD 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
2020 9 SEP	£155,000	£191,252	19% below HPI
2004 14 JUL	£112,950	£126,898	11% below HPI
2002 7 JUN	£74,950	£82,867	10% below HPI

108 HAZELWOOD DRIVE 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 three 108 HAZELWOOD DRIVE sales between June 2002 and September 2020 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 July 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 108 HAZELWOOD DRIVE be worth now?

108 HAZELWOOD DRIVE might now be worth an estimated £193,386.

This is based on house price inflation of 24.8%, between September 2020 and March 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 24.8% inflationary increase is applied to the most recent sale price for 108 HAZELWOOD DRIVE of £155,000 on 9th September 2020. For the value to have increased from £155,000 to £193,386 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 108 HAZELWOOD DRIVE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The September 2020 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 108 HAZELWOOD DRIVE has not materially changed since September 2020.

How Large is 108 HAZELWOOD DRIVE?

108 HAZELWOOD DRIVE is 65m² according to the EPC inspection conducted in March 2020. 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 108 HAZELWOOD DRIVE lies on this distribution: 6% of semi-detached houses houses are smaller than 108 HAZELWOOD DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Grantham.

108 HAZELWOOD DRIVE: Plot and Title Map

108 HAZELWOOD DRIVE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 108 HAZELWOOD 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 108 HAZELWOOD 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 108 HAZELWOOD DRIVE?

108 HAZELWOOD DRIVE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 108 on HAZELWOOD DRIVE.