14, PINEWOOD DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8QQ - £272,500

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

14 PINEWOOD DRIVE is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £272,500 in November 2022, which was around 29% below the average November 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

14 PINEWOOD DRIVE Sold Prices

Land registry data shows two sales for 14 PINEWOOD DRIVE 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 14 PINEWOOD 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
2022 11 NOV	£272,500	£381,399	29% below HPI
2019 15 MAY	£200,000	£299,437	33% below HPI

14 PINEWOOD DRIVE 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 14 PINEWOOD DRIVE sales from May 2019 and November 2022 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 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 14 PINEWOOD DRIVE?

14 PINEWOOD DRIVE is 79m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 14 PINEWOOD DRIVE lies on this distribution: 17% of detached houses are smaller than 14 PINEWOOD DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Grantham.

14 PINEWOOD DRIVE: Plot and Title Map

14 PINEWOOD DRIVE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 14 PINEWOOD 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 14 PINEWOOD 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.

Where is 14 PINEWOOD DRIVE?

14 PINEWOOD DRIVE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 14 on PINEWOOD DRIVE.