15, RICHMOND DRIVE, GRANTHAM, NG31 8UD - £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 RICHMOND DRIVE is a large extended detached house of 126m², built sometime between 2003 and 2006. It was last sold for £270,000 in January 2019, which was around 11% below the average January 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

15 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 15 RICHMOND 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. One of the two 15 RICHMOND DRIVE sales was for below the average price, whilst the other was roughly equal to 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
2019 25 JAN	£270,000	£302,081	11% below HPI
2003 11 JUL	£179,995	£179,990	Close to HPI

15 RICHMOND 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 RICHMOND DRIVE sales from July 2003 and January 2019 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 July 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 15 RICHMOND DRIVE?

15 RICHMOND DRIVE is 126m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the largest 40% 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 RICHMOND DRIVE lies on this distribution: 65% of detached houses are smaller than 15 RICHMOND DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Grantham.

15 RICHMOND DRIVE: Plot and Title Map

15 RICHMOND DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 15 RICHMOND 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 RICHMOND 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 RICHMOND DRIVE?

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