23B, WORCESTER ROAD, GRANTHAM, NG31 8SF - £141,000

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

23B WORCESTER ROAD is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £141,000 in April 2004, which was around 26% below the average April 2004 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

23B WORCESTER ROAD Sold Prices

Land registry data shows two sales for 23B WORCESTER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 23B 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
2004 7 APR	£141,000	£190,867	26% below HPI
1997 28 FEB	£66,995	£73,653	9% below HPI

23B 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 two 23B WORCESTER ROAD sales from February 1997 and April 2004 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 February 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2004 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 23B WORCESTER ROAD?

23B WORCESTER ROAD is 68m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 23B WORCESTER ROAD lies on this distribution: 8% of detached houses are smaller than 23B WORCESTER ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Grantham.

23B WORCESTER ROAD: Plot and Title Map

23B WORCESTER ROAD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 23B 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 23B 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 23B WORCESTER ROAD?

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