27, LODGE WAY, GRANTHAM, NG31 8DD - £340,000

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

27 LODGE WAY is a very large detached house of 186m², built sometime between 2003 and 2006. It was last sold for £340,000 in April 2019, which was around 13% above the average April 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

27 LODGE WAY Sold Prices

Land registry data shows two sales for 27 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. One of the two 27 LODGE WAY sales was for above the average price, whilst the other was 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 24 APR	£340,000	£300,397	13% above HPI
2004 2 NOV	£72,000	£213,167	66% below HPI

27 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 27 LODGE WAY sales from November 2004 and April 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 November 2004 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the April 2019 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 27 LODGE WAY?

27 LODGE WAY is 186m² according to the EPC inspection conducted in July 2018. This puts it in the largest 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 27 LODGE WAY lies on this distribution: 93% of detached houses are smaller than 27 LODGE WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Grantham.

27 LODGE WAY: Plot and Title Map

27 LODGE WAY sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 27 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 27 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 27 LODGE WAY?

27 LODGE WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 27 on LODGE WAY.