14, GORSE RISE, GRANTHAM, NG31 9BS - £139,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 GORSE RISE is a very small semi-detached house of 80m², built sometime between 1930 and 1949, which could now be worth an estimated £247,535. It was last sold for £139,000 in September 2004, which was around 5% above the average September 2004 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

14 GORSE RISE Sold Prices

Land registry data shows three sales for 14 GORSE RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. One of the three 14 GORSE RISE sales was for above the average price, whilst two 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
2004 17 SEP	£139,000	£132,667	5% above HPI
2004 6 MAY	£97,500	£119,018	18% below HPI
1995 28 APR	£35,000	£42,297	17% below HPI

14 GORSE RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 14 GORSE RISE sales between April 1995 and September 2004 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 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2004 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 14 GORSE RISE be worth now?

14 GORSE RISE might now be worth an estimated £247,535.

This is based on house price inflation of 78.1%, between September 2004 and February 2025, for semi-detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.1% inflationary increase is applied to the most recent sale price for 14 GORSE RISE of £139,000 on 17th September 2004. For the value to have increased from £139,000 to £247,535 over the 21 years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 GORSE RISE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The September 2004 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of 14 GORSE RISE has not materially changed since September 2004.

How Large is 14 GORSE RISE?

14 GORSE RISE is 80m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of semi-detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grantham, and where 14 GORSE RISE lies on this distribution: 18% of semi-detached houses houses are smaller than 14 GORSE RISE, and 82% of houses are larger. Note that EPC data is not available for all properties in Grantham.

14 GORSE RISE: Plot and Title Map

14 GORSE RISE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 14 GORSE RISE, 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 14 GORSE RISE). 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 14 GORSE RISE?

14 GORSE RISE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 14 on GORSE RISE.