25, BALMORAL DRIVE, GRANTHAM, NG31 8SY - £360,000

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

25 BALMORAL DRIVE is a large detached house of 127m². It was last sold for £360,000 in September 2022, which was around 6% below the average September 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2014, where the current energy rating was B, and the potential energy rating was A.

25 BALMORAL DRIVE Sold Prices

Land registry data shows three sales for 25 BALMORAL DRIVE 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. Two of the three 25 BALMORAL DRIVE sales were for below the average price, whilst one was 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
2022 14 SEP	£360,000	£383,801	6% below HPI
2017 19 MAY	£250,000	£276,172	9% below HPI
2014 25 JUL	£232,995	£226,163	3% above HPI

25 BALMORAL DRIVE 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 25 BALMORAL DRIVE sales between July 2014 and September 2022 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 May 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 25 BALMORAL DRIVE?

25 BALMORAL DRIVE is 127m² 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 25 BALMORAL DRIVE lies on this distribution: 66% of detached houses are smaller than 25 BALMORAL DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Grantham.

25 BALMORAL DRIVE: Plot and Title Map

25 BALMORAL DRIVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 25 BALMORAL DRIVE, 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 25 BALMORAL DRIVE). 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 25 BALMORAL DRIVE?

25 BALMORAL DRIVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 25 on BALMORAL DRIVE.