17, PARK ROAD, GRANTHAM, NG31 8BY - £122,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 PARK ROAD is a large extended detached house of 143m², built sometime between 1930 and 1949, which could now be worth an estimated £224,571. It was last sold for £122,500 in May 2009, which was around 38% below the average May 2009 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was D.

17 PARK ROAD Sold Prices

Land registry data shows three sales for 17 PARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 17 PARK ROAD 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
2009 29 MAY	£122,500	£198,916	38% below HPI
2003 11 APR	£100,000	£166,207	40% below HPI
2000 15 SEP	£68,000	£106,061	36% below HPI

17 PARK ROAD 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 three 17 PARK ROAD sales between September 2000 and May 2009 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 2003 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2009 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 17 PARK ROAD be worth now?

17 PARK ROAD might now be worth an estimated £224,571.

This is based on house price inflation of 83.3%, between May 2009 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 83.3% inflationary increase is applied to the most recent sale price for 17 PARK ROAD of £122,500 on 29th May 2009. For the value to have increased from £122,500 to £224,571 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of 17 PARK ROAD has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2009 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 17 PARK ROAD has not materially changed since May 2009.

How Large is 17 PARK ROAD?

17 PARK ROAD is 143m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 17 PARK ROAD lies on this distribution: 77% of detached houses houses are smaller than 17 PARK ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Grantham.

17 PARK ROAD: Plot and Title Map

17 PARK ROAD sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 17 PARK ROAD, 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 PARK ROAD). 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 PARK ROAD?

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