26, LODGE WAY, GRANTHAM, NG31 8DD - £230,000

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.

26 LODGE WAY is a very small extended detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £279,117. It was last sold for £230,000 in November 2019, which was around 23% below the average November 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was B.

26 LODGE WAY Sold Prices

Land registry data shows two sales for 26 LODGE 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 26 LODGE 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
2019 29 NOV	£230,000	£300,489	23% below HPI
2017 20 JUN	£123,500	£278,075	56% below HPI

26 LODGE 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 26 LODGE WAY sales from June 2017 and November 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 June 2017 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the November 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 26 LODGE WAY be worth now?

26 LODGE WAY might now be worth an estimated £279,117.

This is based on house price inflation of 21.4%, between November 2019 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 21.4% inflationary increase is applied to the most recent sale price for 26 LODGE WAY of £230,000 on 29th November 2019. For the value to have increased from £230,000 to £279,117 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 26 LODGE WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2019 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 26 LODGE WAY has not materially changed since November 2019.

How Large is 26 LODGE WAY?

26 LODGE WAY is 82m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 26 LODGE WAY lies on this distribution: 20% of detached houses houses are smaller than 26 LODGE WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Grantham.

26 LODGE WAY: Plot and Title Map

26 LODGE WAY sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 26 LODGE 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 26 LODGE 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 26 LODGE WAY?

26 LODGE WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 26 on LODGE WAY.