15, LUDLOW GARDENS, GRANTHAM, NG31 8WJ - £270,000

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 LUDLOW GARDENS is a midsized detached house of 115m². It was last sold for £270,000 in December 2020, which was around 15% below the average December 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

15 LUDLOW GARDENS Sold Prices

Land registry data shows two sales for 15 LUDLOW GARDENS 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 LUDLOW GARDENS 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 15 DEC	£270,000	£318,969	15% below HPI
2018 25 OCT	£270,000	£306,579	12% below HPI

15 LUDLOW GARDENS 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 LUDLOW GARDENS sales from October 2018 and December 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 October 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 15 LUDLOW GARDENS?

15 LUDLOW GARDENS is 115m² according to the EPC inspection conducted in July 2018. 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 LUDLOW GARDENS lies on this distribution: 54% of detached houses are smaller than 15 LUDLOW GARDENS, and 45% of houses are larger. Note that EPC data is not available for all properties in Grantham.

15 LUDLOW GARDENS: Plot and Title Map

15 LUDLOW GARDENS sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 15 LUDLOW GARDENS, 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 LUDLOW GARDENS). 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 LUDLOW GARDENS?

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