25, PARKLANDS DRIVE, HARLAXTON, GRANTHAM, NG32 1HX - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

25 PARKLANDS DRIVE is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £220,512. It was last sold for £195,000 in April 2021, which was around 40% below the average April 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

25 PARKLANDS DRIVE Sold Prices

Land registry data shows four sales for 25 PARKLANDS DRIVE 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. All of the four 25 PARKLANDS DRIVE 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 15 APR	£195,000	£322,470	40% below HPI
2019 18 SEP	£225,000	£306,060	26% below HPI
2018 14 SEP	£160,000	£304,517	47% below HPI
1995 25 SEP	£62,000	£71,060	13% below HPI

25 PARKLANDS 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 four 25 PARKLANDS DRIVE sales between September 1995 and April 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 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 25 PARKLANDS DRIVE be worth now?

25 PARKLANDS DRIVE might now be worth an estimated £220,512.

This is based on house price inflation of 13.1%, between April 2021 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.1% inflationary increase is applied to the most recent sale price for 25 PARKLANDS DRIVE of £195,000 on 15th April 2021. For the value to have increased from £195,000 to £220,512 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 25 PARKLANDS DRIVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The April 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 25 PARKLANDS DRIVE has not materially changed since April 2021.

How Large is 25 PARKLANDS DRIVE?

25 PARKLANDS DRIVE is 80m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of detached houses houses in Harlaxton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harlaxton, and where 25 PARKLANDS DRIVE lies on this distribution: 11% of detached houses houses are smaller than 25 PARKLANDS DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Harlaxton.

25 PARKLANDS DRIVE: Plot and Title Map

25 PARKLANDS DRIVE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 25 PARKLANDS 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 PARKLANDS 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 PARKLANDS DRIVE?

25 PARKLANDS DRIVE is located in HARLAXTON, in the NG32 postcode district. The below map shows the position of No. 25 on PARKLANDS DRIVE.