12, GRAMPIAN WAY, GONERBY HILL FOOT, GRANTHAM, NG31 8FY - £319,000

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

12 GRAMPIAN WAY is a midsized extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £319,000 in July 2018, which was around 6% above the average July 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

12 GRAMPIAN WAY Sold Prices

Land registry data shows two sales for 12 GRAMPIAN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 12 GRAMPIAN WAY sales were for above 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
2018 6 JUL	£319,000	£300,614	6% above HPI
1996 2 DEC	£112,995	£73,190	54% above HPI

12 GRAMPIAN 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 two 12 GRAMPIAN WAY sales from December 1996 and July 2018 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 December 1996 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the July 2018 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 12 GRAMPIAN WAY?

12 GRAMPIAN WAY is 118m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% 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 GRAMPIAN WAY lies on this distribution: 58% of detached houses are smaller than 12 GRAMPIAN WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Grantham.

12 GRAMPIAN WAY: Plot and Title Map

12 GRAMPIAN WAY sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 12 GRAMPIAN 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 12 GRAMPIAN 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 12 GRAMPIAN WAY?

12 GRAMPIAN WAY is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 12 on GRAMPIAN WAY.