11, CAVENDISH WAY, GRANTHAM, NG31 9FN - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 CAVENDISH WAY is a small detached house of 89m², built sometime between 2003 and 2006. It was last sold for £195,000 in December 2017, which was around 32% below the average December 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

11 CAVENDISH WAY Sold Prices

Land registry data shows four sales for 11 CAVENDISH WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 11 CAVENDISH WAY 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 11 DEC	£195,000	£288,678	32% below HPI
2013 8 NOV	£154,500	£230,386	33% below HPI
2012 11 JAN	£147,000	£221,555	34% below HPI
2003 31 OCT	£134,995	£185,309	27% below HPI

11 CAVENDISH WAY 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 four 11 CAVENDISH WAY sales between October 2003 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 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2017 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 11 CAVENDISH WAY?

11 CAVENDISH WAY is 89m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 11 CAVENDISH WAY lies on this distribution: 27% of detached houses are smaller than 11 CAVENDISH WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Grantham.

11 CAVENDISH WAY: Plot and Title Map

11 CAVENDISH WAY sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 11 CAVENDISH WAY, 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 11 CAVENDISH WAY). 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 11 CAVENDISH WAY?

11 CAVENDISH WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 11 on CAVENDISH WAY.