12A, WORCESTER ROAD, GRANTHAM, NG31 8SF - £193,000

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

12A WORCESTER ROAD is a very small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £193,000 in April 2021, which was around 41% below the average April 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

12A WORCESTER ROAD Sold Prices

Land registry data shows five sales for 12A WORCESTER ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 12A WORCESTER 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
2021 13 APR	£193,000	£327,868	41% below HPI
2013 4 JAN	£125,000	£215,198	42% below HPI
2001 11 MAY	£71,000	£117,248	39% below HPI
1996 12 APR	£49,995	£68,232	27% below HPI
1996 12 JAN	£49,500	£68,842	28% below HPI

12A WORCESTER 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 five 12A WORCESTER ROAD sales between January 1996 and April 2021 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 January 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2021 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 12A WORCESTER ROAD?

12A WORCESTER ROAD is 61m² according to the EPC inspection conducted in October 2020. 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 12A WORCESTER ROAD lies on this distribution: 5% of detached houses are smaller than 12A WORCESTER ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Grantham.

12A WORCESTER ROAD: Plot and Title Map

12A WORCESTER ROAD sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 12A WORCESTER 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 12A WORCESTER 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 12A WORCESTER ROAD?

12A WORCESTER ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 12A on WORCESTER ROAD.