2, ALNWICK WAY, GRANTHAM, NG31 8UJ - £233,000

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

2 ALNWICK WAY is a very small detached house of 82m². It was last sold for £233,000 in September 2023, which was around 38% below the average September 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

2 ALNWICK WAY Sold Prices

Land registry data shows three sales for 2 ALNWICK 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 2 ALNWICK 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
2023 15 SEP	£233,000	£378,833	38% below HPI
2018 11 MAY	£192,500	£295,828	35% below HPI
2014 26 SEP	£158,495	£235,646	33% below HPI

2 ALNWICK 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 2 ALNWICK WAY sales between September 2014 and September 2023 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 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 ALNWICK WAY?

2 ALNWICK WAY is 82m² according to the EPC inspection conducted in October 2017. 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 2 ALNWICK WAY lies on this distribution: 20% of detached houses are smaller than 2 ALNWICK WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 ALNWICK WAY: Plot and Title Map

2 ALNWICK WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 2 ALNWICK 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 2 ALNWICK 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 2 ALNWICK WAY?

2 ALNWICK WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 2 on ALNWICK WAY.