24, LODGE WAY, GRANTHAM, NG31 8DD - £212,000

24 LODGE WAY is a small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £212,000 in November 2021, which was around 39% below the average November 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

24 LODGE WAY Sold Prices

Land registry data shows three sales for 24 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 24 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
2021 19 NOV	£212,000	£348,291	39% below HPI
2009 25 SEP	£139,950	£200,264	30% below HPI
1999 3 DEC	£55,000	£95,111	42% below HPI

24 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 24 LODGE WAY sales between December 1999 and November 2021 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 September 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 24 LODGE WAY?

24 LODGE WAY is 86m² according to the EPC inspection conducted in June 2021. 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 24 LODGE WAY lies on this distribution: 23% of detached houses are smaller than 24 LODGE WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Grantham.

24 LODGE WAY: Plot and Title Map

24 LODGE WAY sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 24 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 24 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 24 LODGE WAY?

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