18, PEASCLIFFE DRIVE, GRANTHAM, NG31 8EN - £240,000

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 PEASCLIFFE DRIVE is a very large detached house of 155m², built sometime between 1976 and 1982. It was last sold for £240,000 in October 2013, which was around 3% above the average October 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

18 PEASCLIFFE DRIVE Sold Prices

Land registry data shows four sales for 18 PEASCLIFFE DRIVE 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. Most of the four 18 PEASCLIFFE DRIVE 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
2013 11 OCT	£240,000	£233,773	3% above HPI
2002 28 FEB	£132,000	£127,310	4% above HPI
1998 27 NOV	£84,995	£87,129	2% below HPI
1997 1 AUG	£80,000	£79,371	1% above HPI

18 PEASCLIFFE DRIVE 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 PEASCLIFFE DRIVE sales between August 1997 and October 2013 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 February 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2013 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 18 PEASCLIFFE DRIVE?

18 PEASCLIFFE DRIVE is 155m² according to the EPC inspection conducted in April 2013. This puts it in the largest 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 18 PEASCLIFFE DRIVE lies on this distribution: 83% of detached houses are smaller than 18 PEASCLIFFE DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Grantham.

18 PEASCLIFFE DRIVE: Plot and Title Map

18 PEASCLIFFE DRIVE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 18 PEASCLIFFE DRIVE, 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 PEASCLIFFE DRIVE). 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 PEASCLIFFE DRIVE?

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