16, WELBY GARDENS, GRANTHAM, NG31 8BN - £525,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

16 WELBY GARDENS is a very large extended detached house of 306m², built sometime between 1930 and 1949. It was last sold for £525,000 in September 2015, which was around 109% above the average September 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

16 WELBY GARDENS Sold Prices

Land registry data shows two sales for 16 WELBY 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 16 WELBY GARDENS sales were for above 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
2015 24 SEP	£525,000	£251,056	109% above HPI
1997 21 APR	£163,000	£75,512	116% above HPI

16 WELBY 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 16 WELBY GARDENS sales from April 1997 and September 2015 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 April 1997 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the September 2015 sale, where it falls to 109% above the HPI. The line then continues to track at 109% above the HPI.

How Large is 16 WELBY GARDENS?

16 WELBY GARDENS is 306m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% 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 WELBY GARDENS lies on this distribution: 99% of detached houses are smaller than 16 WELBY GARDENS, and 1% of houses are larger. Note that EPC data is not available for all properties in Grantham.

16 WELBY GARDENS: Plot and Title Map

16 WELBY GARDENS sits on a plot of roughly 0.404 of an acre, or 1,637m². The below map shows the location of 16 WELBY 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 16 WELBY 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 16 WELBY GARDENS?

16 WELBY GARDENS is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 16 on WELBY GARDENS.