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

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 NEWARK VIEW is a midsized detached house of 108m². It was last sold for £234,000 in February 2016, which was around 11% 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	£264,336	11% below HPI
2015 27 MAR	£213,000	£239,289	11% below HPI
2014 27 JUN	£209,995	£226,693	7% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2016 sale, which was also at 11% below the HPI.

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 in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 2 NEWARK VIEW lies on this distribution: 45% of detached 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.