2, GLOUCESTER ROAD, GRANTHAM, NG31 8RJ - £237,000

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 GLOUCESTER ROAD is a very large extended detached house of 183m², built sometime between 1983 and 1990. It was last sold for £237,000 in October 2012, which was around 9% above the average October 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

2 GLOUCESTER ROAD Sold Prices

Land registry data shows four sales for 2 GLOUCESTER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 2 GLOUCESTER ROAD 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
2012 12 OCT	£237,000	£218,225	9% above HPI
2003 1 JUL	£194,000	£179,990	8% above HPI
2000 28 JAN	£113,000	£94,625	19% above HPI
1997 25 JUL	£86,000	£78,035	10% above HPI

2 GLOUCESTER 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 four 2 GLOUCESTER ROAD sales between July 1997 and October 2012 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 July 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2012 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 GLOUCESTER ROAD?

2 GLOUCESTER ROAD is 183m², which includes two extensions, according to the EPC inspection conducted in May 2012. 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 2 GLOUCESTER ROAD lies on this distribution: 92% of detached houses are smaller than 2 GLOUCESTER ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 GLOUCESTER ROAD: Plot and Title Map

2 GLOUCESTER ROAD sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of 2 GLOUCESTER 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 2 GLOUCESTER 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 2 GLOUCESTER ROAD?

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