28, BALMORAL DRIVE, GRANTHAM, NG31 8SY - £300,000

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

28 BALMORAL DRIVE is a very large extended detached house of 166m², built sometime between 2003 and 2006. It was last sold for £300,000 in May 2016, which was around 15% above the average May 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

28 BALMORAL DRIVE Sold Prices

Land registry data shows three sales for 28 BALMORAL DRIVE 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 28 BALMORAL DRIVE sales 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
2016 13 MAY	£300,000	£260,567	15% above HPI
2004 28 MAY	£263,000	£190,354	38% above HPI
2001 12 SEP	£161,000	£123,675	30% above HPI

28 BALMORAL DRIVE 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 28 BALMORAL DRIVE sales between September 2001 and May 2016 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 May 2004 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2016 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 28 BALMORAL DRIVE?

28 BALMORAL DRIVE is 166m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 28 BALMORAL DRIVE lies on this distribution: 88% of detached houses are smaller than 28 BALMORAL DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Grantham.

28 BALMORAL DRIVE: Plot and Title Map

28 BALMORAL DRIVE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 28 BALMORAL DRIVE, 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 28 BALMORAL DRIVE). 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 28 BALMORAL DRIVE?

28 BALMORAL DRIVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 28 on BALMORAL DRIVE.