2, FARNDALE CRESCENT, GRANTHAM, NG31 8DR - £170,000

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

2 FARNDALE CRESCENT is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £170,000 in March 2021, which was around 48% below the average March 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

2 FARNDALE CRESCENT Sold Prices

Land registry data shows two sales for 2 FARNDALE CRESCENT 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 2 FARNDALE CRESCENT 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
2021 12 MAR	£170,000	£329,215	48% below HPI
1997 2 MAY	£55,000	£76,680	28% below HPI

2 FARNDALE CRESCENT 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 2 FARNDALE CRESCENT sales from May 1997 and March 2021 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 1997 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 2 FARNDALE CRESCENT?

2 FARNDALE CRESCENT is 66m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 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 2 FARNDALE CRESCENT lies on this distribution: 7% of detached houses are smaller than 2 FARNDALE CRESCENT, and 93% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 FARNDALE CRESCENT: Plot and Title Map

2 FARNDALE CRESCENT sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 2 FARNDALE CRESCENT, 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 FARNDALE CRESCENT). 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 FARNDALE CRESCENT?

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