25A, WORCESTER ROAD, GRANTHAM, NG31 8SF - £177,000

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

25A WORCESTER ROAD is a very small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £177,000 in April 2020, which was around 44% below the average April 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

25A WORCESTER ROAD Sold Prices

Land registry data shows three sales for 25A WORCESTER ROAD 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. All of the three 25A 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
2020 24 APR	£177,000	£314,177	44% below HPI
2007 5 APR	£125,000	£235,131	47% below HPI
1997 1 SEP	£69,995	£80,021	13% below HPI

25A 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 three 25A WORCESTER ROAD sales between September 1997 and April 2020 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 April 2007 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the April 2020 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 25A WORCESTER ROAD?

25A WORCESTER ROAD is 62m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 25A WORCESTER ROAD lies on this distribution: 5% of detached houses are smaller than 25A WORCESTER ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Grantham.

25A WORCESTER ROAD: Plot and Title Map

25A WORCESTER ROAD sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 25A 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 25A 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 25A WORCESTER ROAD?

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