18, CAVENDISH WAY, GRANTHAM, NG31 9FP - £277,750

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

18 CAVENDISH WAY is a large detached house of 129m², built sometime from 2007 onwards. It was last sold for £277,750 in December 2018, which was around 8% below the average December 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

18 CAVENDISH WAY Sold Prices

Land registry data shows three sales for 18 CAVENDISH WAY 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. Two of the three 18 CAVENDISH WAY sales were for below the average price, whilst one was 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
2018 17 DEC	£277,750	£300,571	8% below HPI
2016 20 MAY	£228,000	£260,567	12% below HPI
2009 27 MAR	£215,000	£202,900	6% above HPI

18 CAVENDISH 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 three 18 CAVENDISH WAY sales between March 2009 and December 2018 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 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 18 CAVENDISH WAY?

18 CAVENDISH WAY is 129m² according to the EPC inspection conducted in November 2015. 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 18 CAVENDISH WAY lies on this distribution: 69% of detached houses are smaller than 18 CAVENDISH WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Grantham.

18 CAVENDISH WAY: Plot and Title Map

18 CAVENDISH WAY sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 18 CAVENDISH 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 18 CAVENDISH 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 18 CAVENDISH WAY?

18 CAVENDISH WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 18 on CAVENDISH WAY.