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
223 BELTON LANE is a midsized detached house of 115m², built sometime between 1950 and 1966. It was last sold for £375,000 in February 2023, which was around 2% below the average February 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 223 BELTON LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 223 BELTON LANE 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 24 FEB | £375,000 | £381,290 | 2% below HPI |
2002 24 MAY | £90,000 | £137,835 | 35% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 223 BELTON LANE sales from May 2002 and February 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 May 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
223 BELTON LANE is 115m² according to the EPC inspection conducted in August 2022. This puts it in the largest 50% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 223 BELTON LANE lies on this distribution: 54% of detached houses are smaller than 223 BELTON LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Grantham.
223 BELTON LANE sits on a plot of roughly 0.251 of an acre, or 1,015m². The below map shows the location of 223 BELTON LANE, 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 223 BELTON LANE). 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.
223 BELTON LANE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 223 on BELTON LANE.