2, NEWARK VIEW, GRANTHAM, NG31 8UR - £234,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 NEWARK VIEW is a midsized detached house of 108m². It was last sold for £234,000 in February 2016, which was around 10% below the average February 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was A.

2 NEWARK VIEW Sold Prices

Land registry data shows three sales for 2 NEWARK VIEW 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 NEWARK VIEW 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
2016 5 FEB	£234,000	£259,984	10% below HPI
2015 27 MAR	£213,000	£235,349	9% below HPI
2014 27 JUN	£209,995	£222,961	6% below HPI

2 NEWARK VIEW 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 NEWARK VIEW sales between June 2014 and February 2016 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 March 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 NEWARK VIEW be worth now?

2 NEWARK VIEW might now be worth an estimated £331,523.

This is based on house price inflation of 41.7%, between February 2016 and December 2024, 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 41.7% inflationary increase is applied to the most recent sale price for 2 NEWARK VIEW of £234,000 on 5th February 2016. For the value to have increased from £234,000 to £331,523 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 2 NEWARK VIEW has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The February 2016 sale price of £234,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEWARK VIEW has not materially changed since February 2016.

How Large is 2 NEWARK VIEW?

2 NEWARK VIEW is 108m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% 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 NEWARK VIEW lies on this distribution: 45% of detached houses houses are smaller than 2 NEWARK VIEW, and 53% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 NEWARK VIEW: Plot and Title Map

2 NEWARK VIEW sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 2 NEWARK VIEW, 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 NEWARK VIEW). 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 NEWARK VIEW?

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