221, WINCHESTER ROAD, GRANTHAM, NG31 8RX - £165,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

221 WINCHESTER ROAD is a very small extended detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £258,429. It was last sold for £165,000 in February 2015, which was around 29% below the average February 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

221 WINCHESTER ROAD Sold Prices

Land registry data shows four sales for 221 WINCHESTER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 221 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
2015 24 FEB	£165,000	£232,825	29% below HPI
2013 21 JUN	£122,000	£210,849	42% below HPI
2001 6 APR	£82,000	£115,097	29% below HPI
1997 28 APR	£56,500	£74,269	24% below HPI

221 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 four 221 WINCHESTER ROAD sales between April 1997 and February 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 June 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 221 WINCHESTER ROAD be worth now?

221 WINCHESTER ROAD might now be worth an estimated £258,429.

This is based on house price inflation of 56.6%, between February 2015 and February 2025, 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 56.6% inflationary increase is applied to the most recent sale price for 221 WINCHESTER ROAD of £165,000 on 24th February 2015. For the value to have increased from £165,000 to £258,429 over the ten years to February 2025, the following assumptions must hold true:

• The value of 221 WINCHESTER ROAD has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The February 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 221 WINCHESTER ROAD has not materially changed since February 2015.

How Large is 221 WINCHESTER ROAD?

221 WINCHESTER ROAD is 81m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% 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 221 WINCHESTER ROAD lies on this distribution: 19% of detached houses houses are smaller than 221 WINCHESTER ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Grantham.

221 WINCHESTER ROAD: Plot and Title Map

221 WINCHESTER ROAD sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 221 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 221 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 221 WINCHESTER ROAD?

221 WINCHESTER ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 221 on WINCHESTER ROAD.