23, WORCESTER ROAD, GRANTHAM, NG31 8SF - £180,000

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 WORCESTER ROAD is a large extended detached house of 120m², built sometime between 1991 and 1995. It was last sold for £180,000 in May 2017, which was around 35% below the average May 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

23 WORCESTER ROAD Sold Prices

Land registry data shows five sales for 23 WORCESTER ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 23 WORCESTER ROAD 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
2017 23 MAY	£180,000	£276,172	35% below HPI
2011 11 NOV	£185,000	£217,550	15% below HPI
2009 26 AUG	£125,250	£201,921	38% below HPI
2007 12 OCT	£189,000	£247,133	24% below HPI
1999 20 AUG	£69,500	£93,654	26% below HPI

23 WORCESTER ROAD 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 five 23 WORCESTER ROAD sales between August 1999 and May 2017 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 November 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2017 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 23 WORCESTER ROAD?

23 WORCESTER ROAD is 120m², which includes three extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 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 WORCESTER ROAD lies on this distribution: 60% of detached houses are smaller than 23 WORCESTER ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Grantham.

23 WORCESTER ROAD: Plot and Title Map

23 WORCESTER ROAD sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 23 WORCESTER ROAD, 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 WORCESTER ROAD). 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 WORCESTER ROAD?

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