23, THE DRIFT, HARLAXTON, GRANTHAM, NG32 1AE - £78,000

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 THE DRIFT is a very small extended detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £348,883. It was last sold for £78,000 in November 1997, which was around 4% below the average November 1997 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was A.

23 THE DRIFT Sold Prices

Land registry data shows three sales for 23 THE DRIFT 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. One of the three 23 THE DRIFT sales was for below the average price, whilst two 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
1997 7 NOV	£78,000	£81,527	4% below HPI
1997 29 AUG	£80,000	£78,064	2% above HPI
1995 31 MAR	£80,000	£68,514	17% above HPI

23 THE DRIFT 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 THE DRIFT sales between March 1995 and November 1997 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 August 1997 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 1997 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 23 THE DRIFT be worth now?

23 THE DRIFT might now be worth an estimated £348,883.

This is based on house price inflation of 347.3%, between November 1997 and February 2025, for 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 347.3% inflationary increase is applied to the most recent sale price for 23 THE DRIFT of £78,000 on 7th November 1997. For the value to have increased from £78,000 to £348,883 over the 28 years and nine months to February 2025, the following assumptions must hold true:

• The value of 23 THE DRIFT has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 1997 sale price of £78,000 represented a fair market value for the property.
• The size, condition, and specification of 23 THE DRIFT has not materially changed since November 1997.

How Large is 23 THE DRIFT?

23 THE DRIFT is 78m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses houses in Harlaxton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harlaxton, and where 23 THE DRIFT lies on this distribution: 8% of detached houses houses are smaller than 23 THE DRIFT, and 91% of houses are larger. Note that EPC data is not available for all properties in Harlaxton.

23 THE DRIFT: Plot and Title Map

23 THE DRIFT sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 23 THE DRIFT, 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 THE DRIFT). 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 THE DRIFT?

23 THE DRIFT is located in HARLAXTON, in the NG32 postcode district. The below map shows the position of No. 23 on THE DRIFT.