2, MEADOW END, GRANTHAM, NG31 7HF - £175,000

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 MEADOW END is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £175,000 in February 2017, which was around 36% below the average February 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

2 MEADOW END Sold Prices

Land registry data shows three sales for 2 MEADOW END 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 MEADOW END 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
2017 28 FEB	£175,000	£273,684	36% below HPI
2015 31 JUL	£145,000	£250,740	42% below HPI
2010 17 AUG	£145,000	£221,502	35% below HPI

2 MEADOW END 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 MEADOW END sales between August 2010 and February 2017 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 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2017 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 MEADOW END?

2 MEADOW END is 79m² according to the EPC inspection conducted in January 2016. 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 MEADOW END lies on this distribution: 17% of detached houses are smaller than 2 MEADOW END, and 82% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 MEADOW END: Plot and Title Map

2 MEADOW END sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 2 MEADOW END, 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 MEADOW END). 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 MEADOW END?

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