2, BEAUMONT DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8QG - £407,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 BEAUMONT DRIVE is a very large extended detached house of 147m², built sometime between 1996 and 2002, which could now be worth an estimated £398,170. It was last sold for £407,500 in November 2022, which was around 9% above the average November 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

2 BEAUMONT DRIVE Sold Prices

Land registry data shows three sales for 2 BEAUMONT DRIVE 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 BEAUMONT DRIVE sales were for above 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 30 NOV	£407,500	£375,120	9% above HPI
2013 28 MAY	£221,000	£209,168	6% above HPI
1998 30 OCT	£90,000	£87,182	3% above HPI

2 BEAUMONT DRIVE 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 BEAUMONT DRIVE sales between October 1998 and November 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 May 2013 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 BEAUMONT DRIVE be worth now?

2 BEAUMONT DRIVE might now be worth an estimated £398,170.

This is based on house price deflation of 2.3%, between November 2022 and March 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.3% deflationary decrease is applied to the most recent sale price for 2 BEAUMONT DRIVE of £407,500 on 30th November 2022. For the value to have decreased from £407,500 to £398,170 over the three years and eight months to March 2025, the following assumptions must hold true:

• The value of 2 BEAUMONT DRIVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2022 sale price of £407,500 represented a fair market value for the property.
• The size, condition, and specification of 2 BEAUMONT DRIVE has not materially changed since November 2022.

How Large is 2 BEAUMONT DRIVE?

2 BEAUMONT DRIVE is 147m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 2 BEAUMONT DRIVE lies on this distribution: 80% of detached houses houses are smaller than 2 BEAUMONT DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 BEAUMONT DRIVE: Plot and Title Map

2 BEAUMONT DRIVE sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of 2 BEAUMONT DRIVE, 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 BEAUMONT DRIVE). 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 BEAUMONT DRIVE?

2 BEAUMONT DRIVE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 2 on BEAUMONT DRIVE.