19, CAVENDISH WAY, GRANTHAM, NG31 9FN - £235,000

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

19 CAVENDISH WAY is a small extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £235,000 in February 2022, which was around 33% below the average February 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

19 CAVENDISH WAY Sold Prices

Land registry data shows five sales for 19 CAVENDISH WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 19 CAVENDISH 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
2022 18 FEB	£235,000	£352,660	33% below HPI
2008 30 JUN	£145,000	£243,793	41% below HPI
2008 27 JUN	£145,000	£243,793	41% below HPI
2006 30 JUN	£145,000	£220,527	34% below HPI
2004 30 JUN	£134,995	£193,884	30% below HPI

19 CAVENDISH 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 five 19 CAVENDISH WAY sales between June 2004 and February 2022 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 June 2008 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 19 CAVENDISH WAY?

19 CAVENDISH WAY is 97m², which includes one extension, according to the EPC inspection conducted in September 2021. 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 19 CAVENDISH WAY lies on this distribution: 34% of detached houses are smaller than 19 CAVENDISH WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Grantham.

19 CAVENDISH WAY: Plot and Title Map

19 CAVENDISH WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 19 CAVENDISH 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 19 CAVENDISH 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 19 CAVENDISH WAY?

19 CAVENDISH WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 19 on CAVENDISH WAY.