2, WINCHESTER ROAD, GRANTHAM, NG31 8AD - £285,000

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 WINCHESTER ROAD is a small extended detached house of 88m², built sometime between 1976 and 1982. It was last sold for £285,000 in November 2022, which was around 25% below the average November 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

2 WINCHESTER ROAD Sold Prices

Land registry data shows two sales for 2 WINCHESTER ROAD 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 WINCHESTER ROAD 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
2022 18 NOV	£285,000	£381,399	25% below HPI
2000 26 JAN	£85,000	£94,625	10% below HPI

2 WINCHESTER ROAD 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 WINCHESTER ROAD sales from January 2000 and November 2022 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 January 2000 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 WINCHESTER ROAD?

2 WINCHESTER ROAD is 88m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% 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 WINCHESTER ROAD lies on this distribution: 25% of detached houses are smaller than 2 WINCHESTER ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 WINCHESTER ROAD: Plot and Title Map

2 WINCHESTER ROAD sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 2 WINCHESTER ROAD, 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 WINCHESTER ROAD). 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 WINCHESTER ROAD?

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