23, BORROWDALE WAY, GRANTHAM, NG31 8QX - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 BORROWDALE WAY is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £225,000 in May 2012, which was around 5% above the average May 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

23 BORROWDALE WAY Sold Prices

Land registry data shows four sales for 23 BORROWDALE WAY 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. Most of the four 23 BORROWDALE WAY sales were 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
2012 18 MAY	£225,000	£214,081	5% above HPI
2005 28 APR	£54,000	£207,783	74% below HPI
2003 30 JUN	£215,000	£176,883	22% above HPI
1999 9 JUL	£105,000	£90,942	15% above HPI

23 BORROWDALE WAY 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 23 BORROWDALE WAY sales between July 1999 and May 2012 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 2005 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the May 2012 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 23 BORROWDALE WAY?

23 BORROWDALE WAY is 115m² according to the EPC inspection conducted in January 2012. 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 23 BORROWDALE WAY lies on this distribution: 54% of detached houses are smaller than 23 BORROWDALE WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Grantham.

23 BORROWDALE WAY: Plot and Title Map

23 BORROWDALE WAY sits on a plot of roughly 0.169 of an acre, or 686m². The below map shows the location of 23 BORROWDALE WAY, 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 23 BORROWDALE WAY). 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 23 BORROWDALE WAY?

23 BORROWDALE WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 23 on BORROWDALE WAY.