3, ARNHEM DRIVE, CAYTHORPE, GRANTHAM, NG32 3DQ - £223,000

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

3 ARNHEM DRIVE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £223,000 in May 2017, which was around 19% below the average May 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

3 ARNHEM DRIVE Sold Prices

Land registry data shows three sales for 3 ARNHEM 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 3 ARNHEM DRIVE 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
2017 16 MAY	£223,000	£276,172	19% below HPI
2014 22 JUL	£187,000	£226,163	17% below HPI
2014 18 MAR	£125,800	£227,582	45% below HPI

3 ARNHEM 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 3 ARNHEM DRIVE sales between March 2014 and May 2017 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 July 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 ARNHEM DRIVE?

3 ARNHEM DRIVE is 74m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Caythorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Caythorpe, and where 3 ARNHEM DRIVE lies on this distribution: 3% of detached houses are smaller than 3 ARNHEM DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Caythorpe.

3 ARNHEM DRIVE: Plot and Title Map

3 ARNHEM DRIVE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 3 ARNHEM 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 3 ARNHEM 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 3 ARNHEM DRIVE?

3 ARNHEM DRIVE is located in CAYTHORPE, in the NG32 postcode district. The below map shows the position of No. 3 on ARNHEM DRIVE.