14A, PARK ROAD, GRANTHAM, NG31 8BY - £120,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

14A PARK ROAD is a very small extended semi-detached house of 80m², built sometime before 1900. It was last sold for £120,000 in January 2024, which was around 67% below the average January 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

14A PARK ROAD Sold Prices

Land registry data shows three sales for 14A PARK ROAD 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 14A PARK 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
2024 31 JAN	£120,000	£361,719	67% below HPI
2010 21 MAY	£85,000	£212,840	60% below HPI
2003 29 AUG	£85,000	£180,978	53% below HPI

14A PARK 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 three 14A PARK ROAD sales between August 2003 and January 2024 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 2010 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the January 2024 sale, where it falls to 67% below the HPI. The line then continues to track at 67% below the HPI.

How Large is 14A PARK ROAD?

14A PARK ROAD is 80m², which includes one extension, according to the EPC inspection conducted in November 2016. 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 14A PARK ROAD lies on this distribution: 18% of detached houses are smaller than 14A PARK ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Grantham.

14A PARK ROAD: Plot and Title Map

14A PARK ROAD sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 14A PARK 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 14A PARK 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 14A PARK ROAD?

14A PARK ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 14A on PARK ROAD.