25B, WORCESTER ROAD, GRANTHAM, NG31 8SF - £265,000

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

25B WORCESTER ROAD is a large extended detached house of 120m², built sometime between 1991 and 1995. It was last sold for £265,000 in May 2019, which was around 12% below the average May 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

25B WORCESTER ROAD Sold Prices

Land registry data shows six sales for 25B WORCESTER ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. three of the six 25B WORCESTER ROAD sales were for below the average price, and six were 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
2019 17 MAY	£265,000	£299,437	12% below HPI
2013 6 AUG	£200,000	£231,014	13% below HPI
2007 19 JUL	£235,000	£239,498	2% below HPI
2004 16 APR	£199,995	£190,867	5% above HPI
2000 12 MAY	£110,000	£102,325	8% above HPI
1997 27 MAR	£91,950	£75,423	22% above HPI

25B 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 six 25B WORCESTER ROAD sales between March 1997 and May 2019 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 August 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 25B WORCESTER ROAD?

25B WORCESTER ROAD is 120m², which includes one extension, according to the EPC inspection conducted in January 2019. 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 25B WORCESTER ROAD lies on this distribution: 60% of detached houses are smaller than 25B WORCESTER ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Grantham.

25B WORCESTER ROAD: Plot and Title Map

25B WORCESTER ROAD sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 25B 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 25B 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 25B WORCESTER ROAD?

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