23, LODGE WAY, GRANTHAM, NG31 8DD - £142,500

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.

23 LODGE WAY is a small extended semi-detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £235,135. It was last sold for £142,500 in November 2013, which was about the average November 2013 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

23 LODGE WAY Sold Prices

Land registry data shows three sales for 23 LODGE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. The three 23 LODGE WAY sales were a mix of roughly equal to the average price, and 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
2013 27 NOV	£142,500	£143,180	Close to HPI
1996 16 OCT	£51,500	£43,708	18% above HPI
1996 1 AUG	£48,254	£44,071	9% above HPI

23 LODGE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 23 LODGE WAY sales between August 1996 and November 2013 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 1996 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2013 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 23 LODGE WAY be worth now?

23 LODGE WAY might now be worth an estimated £235,135.

This is based on house price inflation of 65%, between November 2013 and February 2025, for semi-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 65% inflationary increase is applied to the most recent sale price for 23 LODGE WAY of £142,500 on 27th November 2013. For the value to have increased from £142,500 to £235,135 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 23 LODGE WAY has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The November 2013 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 23 LODGE WAY has not materially changed since November 2013.

How Large is 23 LODGE WAY?

23 LODGE WAY is 93m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% of semi-detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grantham, and where 23 LODGE WAY lies on this distribution: 29% of semi-detached houses houses are smaller than 23 LODGE WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Grantham.

23 LODGE WAY: Plot and Title Map

23 LODGE WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 23 LODGE 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 LODGE 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 LODGE WAY?

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