21B, WORCESTER ROAD, GRANTHAM, NG31 8SF - £124,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

21B WORCESTER ROAD is a midsized detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £338,272. It was last sold for £124,500 in May 2002, which was around 8% below the average May 2002 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

21B WORCESTER ROAD Sold Prices

Land registry data shows three sales for 21B 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 21B 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
2002 9 MAY	£124,500	£135,565	8% below HPI
2001 1 FEB	£94,000	£112,983	17% below HPI
1997 27 MAR	£84,995	£74,181	15% above HPI

21B 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 21B WORCESTER ROAD sales between March 1997 and May 2002 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 February 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2002 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 21B WORCESTER ROAD be worth now?

21B WORCESTER ROAD might now be worth an estimated £338,272.

This is based on house price inflation of 171.7%, between May 2002 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 171.7% inflationary increase is applied to the most recent sale price for 21B WORCESTER ROAD of £124,500 on 9th May 2002. For the value to have increased from £124,500 to £338,272 over the 21 years and five months to December 2024, the following assumptions must hold true:

• The value of 21B WORCESTER ROAD has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2002 sale price of £124,500 represented a fair market value for the property.
• The size, condition, and specification of 21B WORCESTER ROAD has not materially changed since May 2002.

How Large is 21B WORCESTER ROAD?

21B WORCESTER ROAD is 107m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 21B WORCESTER ROAD lies on this distribution: 44% of detached houses houses are smaller than 21B WORCESTER ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Grantham.

21B WORCESTER ROAD: Plot and Title Map

21B WORCESTER ROAD sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 21B 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 21B 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 21B WORCESTER ROAD?

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