18, HUDSON WAY, GRANTHAM, NG31 7BX - £152,500

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

18 HUDSON WAY is a very small detached house of 67m², built sometime between 2003 and 2006. It was last sold for £152,500 in February 2017, which was around 44% below the average February 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

18 HUDSON WAY Sold Prices

Land registry data shows four sales for 18 HUDSON 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 18 HUDSON 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
2017 3 FEB	£152,500	£273,684	44% below HPI
2016 15 APR	£145,000	£256,568	43% below HPI
2006 24 NOV	£145,000	£232,043	38% below HPI
2003 9 MAY	£112,000	£171,876	35% below HPI

18 HUDSON 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 18 HUDSON WAY sales between May 2003 and February 2017 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 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2017 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 18 HUDSON WAY?

18 HUDSON WAY is 67m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 18 HUDSON WAY lies on this distribution: 7% of detached houses are smaller than 18 HUDSON WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Grantham.

18 HUDSON WAY: Plot and Title Map

18 HUDSON WAY sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 18 HUDSON 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 HUDSON 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 HUDSON WAY?

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