18, PINEWOOD DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8QQ - £315,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

18 PINEWOOD DRIVE is a small detached house of 97m², built sometime between 1983 and 1990. It was last sold for £315,000 in September 2024, which was around 15% below the average September 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was C.

18 PINEWOOD DRIVE Sold Prices

Land registry data shows two sales for 18 PINEWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 18 PINEWOOD DRIVE 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
2024 24 SEP	£315,000	£371,102	15% below HPI
1996 29 MAR	£65,000	£67,485	4% below HPI

18 PINEWOOD 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 two 18 PINEWOOD DRIVE sales from March 1996 and September 2024 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 March 1996 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 18 PINEWOOD DRIVE?

18 PINEWOOD DRIVE is 97m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 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 PINEWOOD DRIVE lies on this distribution: 34% of detached houses are smaller than 18 PINEWOOD DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Grantham.

18 PINEWOOD DRIVE: Plot and Title Map

18 PINEWOOD DRIVE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 18 PINEWOOD 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 PINEWOOD 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 PINEWOOD DRIVE?

18 PINEWOOD DRIVE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 18 on PINEWOOD DRIVE.