24, CAVENDISH WAY, GRANTHAM, NG31 9FP - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 CAVENDISH WAY is a very large detached house of 178m², built sometime from 2007 onwards. It was last sold for £225,000 in November 2012, which was around 3% above the average November 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

24 CAVENDISH WAY Sold Prices

Land registry data shows two sales for 24 CAVENDISH WAY 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 24 CAVENDISH WAY sales 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
2012 13 NOV	£225,000	£218,378	3% above HPI
2008 24 OCT	£250,000	£224,257	11% above HPI

24 CAVENDISH 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 two 24 CAVENDISH WAY sales from October 2008 and November 2012 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 2008 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2012 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 24 CAVENDISH WAY?

24 CAVENDISH WAY is 178m² according to the EPC inspection conducted in September 2012. This puts it in the largest 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 24 CAVENDISH WAY lies on this distribution: 91% of detached houses are smaller than 24 CAVENDISH WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Grantham.

24 CAVENDISH WAY: Plot and Title Map

24 CAVENDISH WAY sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 24 CAVENDISH 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 24 CAVENDISH 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 24 CAVENDISH WAY?

24 CAVENDISH WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 24 on CAVENDISH WAY.