15, BALMORAL DRIVE, GRANTHAM, NG31 8SY - £255,000

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

15 BALMORAL DRIVE is a midsized detached house of 114m². It was last sold for £255,000 in October 2020, which was around 17% below the average October 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2014, where the current energy rating was B, and the potential energy rating was B.

15 BALMORAL DRIVE Sold Prices

Land registry data shows two sales for 15 BALMORAL 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 15 BALMORAL 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
2020 14 OCT	£255,000	£308,927	17% below HPI
2014 21 FEB	£199,995	£229,666	13% below HPI

15 BALMORAL 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 15 BALMORAL DRIVE sales from February 2014 and October 2020 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 February 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 15 BALMORAL DRIVE?

15 BALMORAL DRIVE is 114m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 15 BALMORAL DRIVE lies on this distribution: 53% of detached houses are smaller than 15 BALMORAL DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Grantham.

15 BALMORAL DRIVE: Plot and Title Map

15 BALMORAL DRIVE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 15 BALMORAL 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 15 BALMORAL 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 15 BALMORAL DRIVE?

15 BALMORAL DRIVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 15 on BALMORAL DRIVE.