2, PINEWOOD DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8QQ - £130,000

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 PINEWOOD DRIVE is a small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £130,000 in June 2012, which was around 39% below the average June 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

2 PINEWOOD DRIVE Sold Prices

Land registry data shows two sales for 2 PINEWOOD DRIVE 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 PINEWOOD DRIVE 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
2012 25 JUN	£130,000	£214,152	39% below HPI
2006 18 SEP	£159,450	£234,780	32% below HPI

2 PINEWOOD DRIVE 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 PINEWOOD DRIVE sales from September 2006 and June 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 September 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2012 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 PINEWOOD DRIVE?

2 PINEWOOD DRIVE is 100m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% 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 PINEWOOD DRIVE lies on this distribution: 37% of detached houses are smaller than 2 PINEWOOD DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 PINEWOOD DRIVE: Plot and Title Map

2 PINEWOOD DRIVE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 2 PINEWOOD DRIVE, 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 PINEWOOD DRIVE). 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 PINEWOOD DRIVE?

2 PINEWOOD DRIVE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 2 on PINEWOOD DRIVE.