18, WEBSTER WAY, GONERBY HILL FOOT, GRANTHAM, NG31 8GH - £205,000

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 WEBSTER WAY is a midsized detached house of 107m², built sometime between 1991 and 1995. It was last sold for £205,000 in April 2011, which was around 5% below the average April 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

18 WEBSTER WAY Sold Prices

Land registry data shows three sales for 18 WEBSTER 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. All of the three 18 WEBSTER 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
2011 15 APR	£205,000	£214,963	5% below HPI
2004 7 SEP	£192,000	£211,025	9% below HPI
2001 15 JUN	£117,000	£120,875	3% below HPI

18 WEBSTER 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 WEBSTER WAY sales between June 2001 and April 2011 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 September 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2011 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 18 WEBSTER WAY?

18 WEBSTER WAY is 107m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 50% 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 WEBSTER WAY lies on this distribution: 45% of detached houses are smaller than 18 WEBSTER WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Grantham.

18 WEBSTER WAY: Plot and Title Map

18 WEBSTER WAY sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 18 WEBSTER 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 WEBSTER 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 WEBSTER WAY?

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