197, WINCHESTER ROAD, GRANTHAM, NG31 8RX - £226,000

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

197 WINCHESTER ROAD is a very small detached house of 82m², built sometime between 1991 and 1995. It was last sold for £226,000 in January 2020, which was around 25% below the average January 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

197 WINCHESTER ROAD Sold Prices

Land registry data shows two sales for 197 WINCHESTER ROAD 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 197 WINCHESTER ROAD 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
2020 17 JAN	£226,000	£301,268	25% below HPI
2006 27 JAN	£185,000	£213,195	13% below HPI

197 WINCHESTER ROAD 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 197 WINCHESTER ROAD sales from January 2006 and January 2020 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 January 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 197 WINCHESTER ROAD?

197 WINCHESTER ROAD is 82m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 197 WINCHESTER ROAD lies on this distribution: 20% of detached houses are smaller than 197 WINCHESTER ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Grantham.

197 WINCHESTER ROAD: Plot and Title Map

197 WINCHESTER ROAD sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 197 WINCHESTER ROAD, 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 197 WINCHESTER ROAD). 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 197 WINCHESTER ROAD?

197 WINCHESTER ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 197 on WINCHESTER ROAD.