22, SIGNAL ROAD, GRANTHAM, NG31 9BL - £310,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

22 SIGNAL ROAD is a very large extended detached house of 198m², built sometime between 1996 and 2002. It was last sold for £310,000 in August 2019, which was about the average August 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

22 SIGNAL ROAD Sold Prices

Land registry data shows three sales for 22 SIGNAL 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. The three 22 SIGNAL ROAD sales were a mix of roughly equal to the average price, and 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
2019 1 AUG	£310,000	£310,946	Close to HPI
2003 30 JUL	£120,000	£179,990	33% below HPI
2001 21 DEC	£60,000	£122,322	51% below HPI

22 SIGNAL 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 22 SIGNAL ROAD sales between December 2001 and August 2019 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 July 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 22 SIGNAL ROAD?

22 SIGNAL ROAD is 198m², which includes one extension, according to the EPC inspection conducted in May 2019. 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 22 SIGNAL ROAD lies on this distribution: 95% of detached houses are smaller than 22 SIGNAL ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Grantham.

22 SIGNAL ROAD: Plot and Title Map

22 SIGNAL ROAD sits on a plot of roughly 0.238 of an acre, or 963m². The below map shows the location of 22 SIGNAL 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 22 SIGNAL 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 22 SIGNAL ROAD?

22 SIGNAL ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 22 on SIGNAL ROAD.