2, WELLINGTON DRIVE, GRANTHAM, NG31 7HU - £350,000

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 WELLINGTON DRIVE is a very large extended detached house of 226m², built sometime between 1967 and 1975. It was last sold for £350,000 in January 2016, which was around 32% above the average January 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

2 WELLINGTON DRIVE Sold Prices

Land registry data shows three sales for 2 WELLINGTON DRIVE 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 WELLINGTON DRIVE 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
2016 19 JAN	£350,000	£265,867	32% above HPI
2009 2 APR	£250,000	£204,433	22% above HPI
1999 9 JUL	£151,000	£90,942	66% above HPI

2 WELLINGTON 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 three 2 WELLINGTON DRIVE sales between July 1999 and January 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 April 2009 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the January 2016 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 2 WELLINGTON DRIVE?

2 WELLINGTON DRIVE is 226m², which includes two extensions, according to the EPC inspection conducted in December 2022. 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 WELLINGTON DRIVE lies on this distribution: 98% of detached houses are smaller than 2 WELLINGTON DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 WELLINGTON DRIVE: Plot and Title Map

2 WELLINGTON DRIVE sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of 2 WELLINGTON 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 WELLINGTON 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 WELLINGTON DRIVE?

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