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

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

23 LODGE WAY is a small extended semi-detached house of 93m², built sometime between 1967 and 1975. It was last sold for £142,500 in November 2013, which was around 38% below the average November 2013 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 detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 23 LODGE 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
2013 27 NOV	£142,500	£230,386	38% below HPI
1996 16 OCT	£51,500	£73,539	30% below HPI
1996 1 AUG	£48,254	£73,592	34% below HPI

23 LODGE 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 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2013 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

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 detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 23 LODGE WAY lies on this distribution: 29% of detached 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.