119, WINCHESTER ROAD, GRANTHAM, NG31 8RN - £177,500

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

119 WINCHESTER ROAD is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £177,500 in June 2024, which was around 52% below the average June 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

119 WINCHESTER ROAD Sold Prices

Land registry data shows three sales for 119 WINCHESTER 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 119 WINCHESTER 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
2024 17 JUN	£177,500	£370,662	52% below HPI
2021 7 MAY	£153,100	£325,001	53% below HPI
1998 23 NOV	£38,250	£87,129	56% below HPI

119 WINCHESTER 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 119 WINCHESTER ROAD sales between November 1998 and June 2024 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 2021 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the June 2024 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 119 WINCHESTER ROAD?

119 WINCHESTER ROAD is 60m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 119 WINCHESTER ROAD lies on this distribution: 4% of detached houses are smaller than 119 WINCHESTER ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Grantham.

119 WINCHESTER ROAD: Plot and Title Map

119 WINCHESTER ROAD sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 119 WINCHESTER 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 119 WINCHESTER 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 119 WINCHESTER ROAD?

119 WINCHESTER ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 119 on WINCHESTER ROAD.