Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
29 LODGE WAY is a midsized extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £200,000 in April 2005, which was around 4% below the average April 2005 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 29 LODGE WAY since 1st 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 LODGE 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 |
---|---|---|---|
2005 14 APR | £200,000 | £207,783 | 4% below HPI |
2004 26 MAR | £105,000 | £188,092 | 44% below HPI |
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 LODGE WAY sales from March 2004 and April 2005 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 March 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the April 2005 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
29 LODGE WAY is 112m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 50% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 29 LODGE WAY lies on this distribution: 51% of detached houses are smaller than 29 LODGE WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Grantham.
29 LODGE WAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 29 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 29 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.
29 LODGE WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 29 on LODGE WAY.