29, COLES WAY, GRANTHAM, NG31 7GA - £185,000

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.

29 COLES WAY is a small detached house of 83m², which could now be worth an estimated £227,675. It was last sold for £185,000 in January 2020, which was around 38% below the average January 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2013, where the current energy rating was B, and the potential energy rating was B.

29 COLES WAY Sold Prices

Land registry data shows two sales for 29 COLES 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 29 COLES 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
2020 8 JAN	£185,000	£296,308	38% below HPI
2013 30 MAY	£149,000	£209,168	29% below HPI

29 COLES 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 29 COLES WAY sales from May 2013 and January 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 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 29 COLES WAY be worth now?

29 COLES WAY might now be worth an estimated £227,675.

This is based on house price inflation of 23.1%, between January 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 23.1% inflationary increase is applied to the most recent sale price for 29 COLES WAY of £185,000 on 8th January 2020. For the value to have increased from £185,000 to £227,675 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 29 COLES WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2020 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 29 COLES WAY has not materially changed since January 2020.

How Large is 29 COLES WAY?

29 COLES WAY is 83m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% 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 29 COLES WAY lies on this distribution: 20% of detached houses houses are smaller than 29 COLES WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Grantham.

29 COLES WAY: Plot and Title Map

29 COLES WAY sits on a plot of roughly 0.884 of an acre, or 3,579m². The below map shows the location of 29 COLES 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 29 COLES 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 29 COLES WAY?

29 COLES WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 29 on COLES WAY.