12, PRIMROSE WAY, GRANTHAM, NG31 7GX - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 PRIMROSE WAY is a small extended detached house of 86m², built sometime between 1991 and 1995. It was last sold for £165,000 in August 2015, which was around 34% below the average August 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

12 PRIMROSE WAY Sold Prices

Land registry data shows three sales for 12 PRIMROSE WAY 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 12 PRIMROSE 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
2015 21 AUG	£165,000	£251,797	34% below HPI
2006 30 JUN	£155,000	£220,527	30% below HPI
2004 16 JUL	£136,000	£201,007	32% below HPI

12 PRIMROSE 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 three 12 PRIMROSE WAY sales between July 2004 and August 2015 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 June 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 12 PRIMROSE WAY?

12 PRIMROSE WAY is 86m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 12 PRIMROSE WAY lies on this distribution: 23% of detached houses are smaller than 12 PRIMROSE WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Grantham.

12 PRIMROSE WAY: Plot and Title Map

12 PRIMROSE WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 12 PRIMROSE 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 PRIMROSE 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 PRIMROSE WAY?

12 PRIMROSE WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 12 on PRIMROSE WAY.