25, WORCESTER ROAD, GRANTHAM, NG31 8SF - £255,000

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 WORCESTER ROAD is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £255,000 in December 2021, which was around 27% below the average December 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

25 WORCESTER ROAD Sold Prices

Land registry data shows four sales for 25 WORCESTER ROAD 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 WORCESTER ROAD 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 20 DEC	£255,000	£349,401	27% below HPI
2006 27 JAN	£162,000	£213,195	24% below HPI
2002 9 MAY	£103,000	£137,835	25% below HPI
1997 2 APR	£69,995	£75,512	7% below HPI

25 WORCESTER ROAD 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 WORCESTER ROAD sales between April 1997 and December 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 January 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 25 WORCESTER ROAD?

25 WORCESTER ROAD is 91m², which includes three extensions, according to the EPC inspection conducted in August 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 25 WORCESTER ROAD lies on this distribution: 28% of detached houses are smaller than 25 WORCESTER ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Grantham.

25 WORCESTER ROAD: Plot and Title Map

25 WORCESTER ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 25 WORCESTER ROAD, 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 WORCESTER ROAD). 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 WORCESTER ROAD?

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