28, FARNDALE CRESCENT, GRANTHAM, NG31 8DR - £250,000

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.

28 FARNDALE CRESCENT is a small extended detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £300,041. It was last sold for £250,000 in October 2020, which was around 18% below the average October 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

28 FARNDALE CRESCENT Sold Prices

Land registry data shows two sales for 28 FARNDALE CRESCENT 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 28 FARNDALE CRESCENT 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 6 OCT	£250,000	£303,841	18% below HPI
2017 26 MAY	£200,000	£271,626	26% below HPI

28 FARNDALE CRESCENT 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 28 FARNDALE CRESCENT sales from May 2017 and October 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 May 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 28 FARNDALE CRESCENT be worth now?

28 FARNDALE CRESCENT might now be worth an estimated £300,041.

This is based on house price inflation of 20%, between October 2020 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 20% inflationary increase is applied to the most recent sale price for 28 FARNDALE CRESCENT of £250,000 on 6th October 2020. For the value to have increased from £250,000 to £300,041 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 28 FARNDALE CRESCENT has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 28 FARNDALE CRESCENT has not materially changed since October 2020.

How Large is 28 FARNDALE CRESCENT?

28 FARNDALE CRESCENT is 94m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% 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 28 FARNDALE CRESCENT lies on this distribution: 30% of detached houses houses are smaller than 28 FARNDALE CRESCENT, and 69% of houses are larger. Note that EPC data is not available for all properties in Grantham.

28 FARNDALE CRESCENT: Plot and Title Map

28 FARNDALE CRESCENT sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 28 FARNDALE CRESCENT, 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 FARNDALE CRESCENT). 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 FARNDALE CRESCENT?

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