25, PORTMARNOCK WAY, GRANTHAM, NG31 9FL - £185,000

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

25 PORTMARNOCK WAY is a large detached house of 120m², built sometime between 2003 and 2006. It was last sold for £185,000 in June 2014, which was around 18% below the average June 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

25 PORTMARNOCK WAY Sold Prices

Land registry data shows two sales for 25 PORTMARNOCK 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 25 PORTMARNOCK 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
2014 9 JUN	£185,000	£226,693	18% below HPI
2005 15 DEC	£180,000	£211,327	15% below HPI

25 PORTMARNOCK 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 25 PORTMARNOCK WAY sales from December 2005 and June 2014 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 December 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 25 PORTMARNOCK WAY?

25 PORTMARNOCK WAY is 120m² according to the EPC inspection conducted in September 2013. 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 PORTMARNOCK WAY lies on this distribution: 60% of detached houses are smaller than 25 PORTMARNOCK WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Grantham.

25 PORTMARNOCK WAY: Plot and Title Map

25 PORTMARNOCK WAY sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 25 PORTMARNOCK 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 25 PORTMARNOCK 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 25 PORTMARNOCK WAY?

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