16, WEBSTER WAY, GONERBY HILL FOOT, GRANTHAM, NG31 8GH - £165,000

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

16 WEBSTER WAY is a large extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £165,000 in June 2008, which was around 32% below the average June 2008 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

16 WEBSTER WAY Sold Prices

Land registry data shows two sales for 16 WEBSTER WAY 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 16 WEBSTER WAY 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
2008 6 JUN	£165,000	£243,793	32% below HPI
2001 2 MAR	£90,000	£114,832	22% below HPI

16 WEBSTER WAY 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 16 WEBSTER WAY sales from March 2001 and June 2008 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 March 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2008 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 16 WEBSTER WAY?

16 WEBSTER WAY is 124m², which includes two extensions, according to the EPC inspection conducted in March 2024. 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 16 WEBSTER WAY lies on this distribution: 64% of detached houses are smaller than 16 WEBSTER WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Grantham.

16 WEBSTER WAY: Plot and Title Map

16 WEBSTER WAY sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 16 WEBSTER WAY, 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 16 WEBSTER WAY). 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 16 WEBSTER WAY?

16 WEBSTER WAY is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 16 on WEBSTER WAY.