23, GRAMPIAN WAY, GONERBY HILL FOOT, GRANTHAM, NG31 8FY - £300,000

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

23 GRAMPIAN WAY is a small extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £300,000 in August 2023, which was around 21% below the average August 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

23 GRAMPIAN WAY Sold Prices

Land registry data shows four sales for 23 GRAMPIAN 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. All of the four 23 GRAMPIAN WAY 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 31 AUG	£300,000	£377,476	21% below HPI
2020 29 OCT	£160,000	£308,927	48% below HPI
2008 6 JUN	£192,500	£243,793	21% below HPI
1998 27 NOV	£81,450	£87,129	7% below HPI

23 GRAMPIAN 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 GRAMPIAN WAY sales between November 1998 and August 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 October 2020 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 23 GRAMPIAN WAY?

23 GRAMPIAN WAY is 99m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% 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 GRAMPIAN WAY lies on this distribution: 36% of detached houses are smaller than 23 GRAMPIAN WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Grantham.

23 GRAMPIAN WAY: Plot and Title Map

23 GRAMPIAN WAY sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 23 GRAMPIAN 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 GRAMPIAN 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 GRAMPIAN WAY?

23 GRAMPIAN WAY is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 23 on GRAMPIAN WAY.