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
12 CROFT DRIVE is a small extended detached house of 94m², built sometime between 1976 and 1982. It was last sold for £150,000 in November 2019, which was around 51% below the average November 2019 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.
Land registry data shows three sales for 12 CROFT DRIVE since 1st 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 12 CROFT 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 |
---|---|---|---|
2019 21 NOV | £150,000 | £305,519 | 51% below HPI |
2016 21 SEP | £158,000 | £270,487 | 42% below HPI |
2000 30 NOV | £52,500 | £111,551 | 53% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 12 CROFT DRIVE sales between November 2000 and November 2019 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 September 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2019 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.
12 CROFT DRIVE is 94m², which includes one extension, 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 12 CROFT DRIVE lies on this distribution: 30% of detached houses are smaller than 12 CROFT DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Grantham.
12 CROFT DRIVE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 12 CROFT 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 12 CROFT 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.
12 CROFT DRIVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 12 on CROFT DRIVE.