18, PORTMARNOCK WAY, GRANTHAM, NG31 9FL - £247,000

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 PORTMARNOCK WAY is a large detached house of 125m², built sometime between 2003 and 2006. It was last sold for £247,000 in June 2018, which was around 17% below the average June 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

18 PORTMARNOCK WAY Sold Prices

Land registry data shows two sales for 18 PORTMARNOCK WAY 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 PORTMARNOCK 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
2018 29 JUN	£247,000	£297,928	17% below HPI
2006 31 MAY	£195,000	£219,760	11% below HPI

18 PORTMARNOCK 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 two 18 PORTMARNOCK WAY sales from May 2006 and June 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 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 18 PORTMARNOCK WAY?

18 PORTMARNOCK WAY is 125m² according to the EPC inspection conducted in January 2018. 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 PORTMARNOCK WAY lies on this distribution: 65% of detached houses are smaller than 18 PORTMARNOCK WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Grantham.

18 PORTMARNOCK WAY: Plot and Title Map

18 PORTMARNOCK WAY sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 18 PORTMARNOCK 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 PORTMARNOCK 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 PORTMARNOCK WAY?

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