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
191B BELTON LANE is a very large extended detached house of 243m², built sometime from 2012 onwards. It was last sold for £660,000 in May 2022, which was around 78% above the average May 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 191B BELTON LANE since 1st 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. Two of the three 191B BELTON LANE sales were for above the average price, whilst one was 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 27 MAY | £660,000 | £370,449 | 78% above HPI |
2016 3 AUG | £430,000 | £268,196 | 60% above HPI |
2002 25 FEB | £90,000 | £127,310 | 29% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 191B BELTON LANE sales between February 2002 and May 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 August 2016 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the May 2022 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.
191B BELTON LANE is 243m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 10% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 191B BELTON LANE lies on this distribution: 98% of detached houses are smaller than 191B BELTON LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Grantham.
191B BELTON LANE sits on a plot of roughly 0.144 of an acre, or 585m². The below map shows the location of 191B BELTON LANE, 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 191B BELTON LANE). 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.
191B BELTON LANE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 191B on BELTON LANE.