28, WORCESTER ROAD, GRANTHAM, NG31 8SF - £324,000

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 WORCESTER ROAD is a very large extended detached house of 151m², built sometime between 1983 and 1990. It was last sold for £324,000 in June 2024, which was around 13% below the average June 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

28 WORCESTER ROAD Sold Prices

Land registry data shows seven sales for 28 WORCESTER ROAD since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the seven 28 WORCESTER ROAD 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
2024 28 JUN	£324,000	£370,662	13% below HPI
2021 30 JUN	£340,000	£328,593	3% above HPI
2018 10 JAN	£265,000	£290,634	9% below HPI
2006 8 MAR	£215,000	£216,845	1% below HPI
2003 12 AUG	£179,950	£180,978	1% below HPI
1999 27 AUG	£95,000	£93,654	1% above HPI
1996 19 APR	£78,000	£68,232	14% above HPI

28 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 seven 28 WORCESTER ROAD sales between April 1996 and June 2024 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 2021 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2024 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 28 WORCESTER ROAD?

28 WORCESTER ROAD is 151m², which includes two extensions, according to the EPC inspection conducted in November 2020. 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 WORCESTER ROAD lies on this distribution: 82% of detached houses are smaller than 28 WORCESTER ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Grantham.

28 WORCESTER ROAD: Plot and Title Map

28 WORCESTER ROAD sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 28 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 28 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 28 WORCESTER ROAD?

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