21A, WORCESTER ROAD, GRANTHAM, NG31 8SF - £190,000

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

21A WORCESTER ROAD is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £190,000 in July 2015, which was around 24% below the average July 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

21A WORCESTER ROAD Sold Prices

Land registry data shows three sales for 21A WORCESTER ROAD 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. Two of the three 21A WORCESTER ROAD sales were for below the average price, whilst one was 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
2015 6 JUL	£190,000	£250,740	24% below HPI
2004 16 APR	£160,500	£190,867	16% below HPI
1997 3 MAR	£79,950	£75,423	6% above HPI

21A WORCESTER 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 three 21A WORCESTER ROAD sales between March 1997 and July 2015 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 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 21A WORCESTER ROAD?

21A WORCESTER ROAD is 98m², which includes one extension, according to the EPC inspection conducted in September 2014. 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 21A WORCESTER ROAD lies on this distribution: 34% of detached houses are smaller than 21A WORCESTER ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Grantham.

21A WORCESTER ROAD: Plot and Title Map

21A WORCESTER ROAD sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 21A WORCESTER 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 21A WORCESTER 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 21A WORCESTER ROAD?

21A WORCESTER ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 21A on WORCESTER ROAD.