15, PEASCLIFFE DRIVE, GRANTHAM, NG31 8EN - £258,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 PEASCLIFFE DRIVE is a midsized detached house of 111m², built sometime between 1983 and 1990. It was last sold for £258,000 in September 2017, which was around 11% below the average September 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

15 PEASCLIFFE DRIVE Sold Prices

Land registry data shows two sales for 15 PEASCLIFFE 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 PEASCLIFFE 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
2017 6 SEP	£258,000	£290,320	11% below HPI
2010 29 JAN	£179,950	£215,693	17% below HPI

15 PEASCLIFFE 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 PEASCLIFFE DRIVE sales from January 2010 and September 2017 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 January 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2017 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 15 PEASCLIFFE DRIVE?

15 PEASCLIFFE DRIVE is 111m² according to the EPC inspection conducted in November 2022. 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 PEASCLIFFE DRIVE lies on this distribution: 49% of detached houses are smaller than 15 PEASCLIFFE DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Grantham.

15 PEASCLIFFE DRIVE: Plot and Title Map

15 PEASCLIFFE DRIVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 15 PEASCLIFFE 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 PEASCLIFFE 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 PEASCLIFFE DRIVE?

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