24, WELBY GARDENS, GRANTHAM, NG31 8BN - £300,000

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 WELBY GARDENS is a very large extended detached house of 163m², built sometime between 1967 and 1975. It was last sold for £300,000 in March 2019, which was about the average March 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

24 WELBY GARDENS Sold Prices

Land registry data shows four sales for 24 WELBY GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. The four 24 WELBY GARDENS sales were a mix of roughly equal to the average price, and 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
2019 22 MAR	£300,000	£300,234	Close to HPI
2015 29 JAN	£350,000	£235,277	49% above HPI
2004 31 MAR	£280,000	£188,092	49% above HPI
2001 10 AUG	£155,000	£122,880	26% above HPI

24 WELBY GARDENS 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 four 24 WELBY GARDENS sales between August 2001 and March 2019 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 January 2015 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the March 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 24 WELBY GARDENS?

24 WELBY GARDENS is 163m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% 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 WELBY GARDENS lies on this distribution: 87% of detached houses are smaller than 24 WELBY GARDENS, and 13% of houses are larger. Note that EPC data is not available for all properties in Grantham.

24 WELBY GARDENS: Plot and Title Map

24 WELBY GARDENS sits on a plot of roughly 0.201 of an acre, or 812m². The below map shows the location of 24 WELBY GARDENS, 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 WELBY GARDENS). 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 WELBY GARDENS?

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