17, LODGE WAY, GRANTHAM, NG31 8DD - £222,000

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

17 LODGE WAY is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £222,000 in September 2016, which was around 18% below the average September 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

17 LODGE WAY Sold Prices

Land registry data shows four sales for 17 LODGE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 17 LODGE 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
2016 30 SEP	£222,000	£270,487	18% below HPI
2012 1 MAY	£187,000	£214,081	13% below HPI
2003 17 MAR	£157,000	£165,958	5% below HPI
1998 2 APR	£60,000	£81,954	27% below HPI

17 LODGE 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 four 17 LODGE WAY sales between April 1998 and September 2016 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 May 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 17 LODGE WAY?

17 LODGE WAY is 77m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 17 LODGE WAY lies on this distribution: 15% of detached houses are smaller than 17 LODGE WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Grantham.

17 LODGE WAY: Plot and Title Map

17 LODGE WAY sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 17 LODGE 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 17 LODGE 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 17 LODGE WAY?

17 LODGE WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 17 on LODGE WAY.