3, MANCHESTER WAY, GRANTHAM, NG31 8RR - £165,000

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 MANCHESTER WAY is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £165,000 in January 2015, which was around 30% below the average January 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

3 MANCHESTER WAY Sold Prices

Land registry data shows two sales for 3 MANCHESTER 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 3 MANCHESTER 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
2015 23 JAN	£165,000	£235,277	30% below HPI
2013 28 OCT	£150,000	£233,773	36% below HPI

3 MANCHESTER 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 3 MANCHESTER WAY sales from October 2013 and January 2015 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 October 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 MANCHESTER WAY?

3 MANCHESTER WAY is 69m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 3 MANCHESTER WAY lies on this distribution: 9% of detached houses are smaller than 3 MANCHESTER WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Grantham.

3 MANCHESTER WAY: Plot and Title Map

3 MANCHESTER WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 3 MANCHESTER 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 3 MANCHESTER 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 3 MANCHESTER WAY?

3 MANCHESTER WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 3 on MANCHESTER WAY.