3, PORTMARNOCK WAY, GRANTHAM, NG31 9FL - £125,000

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 PORTMARNOCK WAY is a small semi-detached house of 89m², built sometime between 2007 and 2011. It was last sold for £125,000 in November 2013, which was around 46% below the average November 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

3 PORTMARNOCK WAY Sold Prices

Land registry data shows three sales for 3 PORTMARNOCK WAY 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 PORTMARNOCK 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
2013 29 NOV	£125,000	£230,386	46% below HPI
2007 7 JUN	£148,500	£236,995	37% below HPI
2005 7 OCT	£139,995	£218,236	36% below HPI

3 PORTMARNOCK 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 three 3 PORTMARNOCK WAY sales between October 2005 and November 2013 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 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2013 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 3 PORTMARNOCK WAY?

3 PORTMARNOCK WAY is 89m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 30% 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 PORTMARNOCK WAY lies on this distribution: 26% of detached houses are smaller than 3 PORTMARNOCK WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Grantham.

3 PORTMARNOCK WAY: Plot and Title Map

3 PORTMARNOCK WAY sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 3 PORTMARNOCK 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 PORTMARNOCK 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 PORTMARNOCK WAY?

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