21, GRANTHAM ROAD, WADDINGTON, LINCOLN, LN5 9LS - £240,000

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

21 GRANTHAM ROAD is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £240,000 in January 2023, which was around 25% below the average January 2023 detached price in the North 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.

21 GRANTHAM ROAD Sold Prices

Land registry data shows two sales for 21 GRANTHAM 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 North Kesteven local authority area for the corresponding sale date. Both of the two 21 GRANTHAM 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
2023 27 JAN	£240,000	£320,494	25% below HPI
2005 3 AUG	£128,500	£181,270	29% below HPI

21 GRANTHAM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 21 GRANTHAM ROAD sales from August 2005 and January 2023 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 August 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 21 GRANTHAM ROAD?

21 GRANTHAM ROAD is 75m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where 21 GRANTHAM ROAD lies on this distribution: 16% of detached houses are smaller than 21 GRANTHAM ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Waddington.

21 GRANTHAM ROAD: Plot and Title Map

21 GRANTHAM ROAD sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 21 GRANTHAM 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 21 GRANTHAM 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 21 GRANTHAM ROAD?

21 GRANTHAM ROAD is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 21 on GRANTHAM ROAD.