30, GORSE ROAD, GRANTHAM, NG31 9LQ - £175,000

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

30 GORSE ROAD is a very small extended detached house of 64m², built sometime between 1967 and 1975. It was last sold for £175,000 in September 2020, which was around 43% below the average September 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

30 GORSE ROAD Sold Prices

Land registry data shows two sales for 30 GORSE ROAD 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 30 GORSE ROAD 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 SEP	£175,000	£307,809	43% below HPI
2019 26 APR	£130,000	£300,397	57% below HPI

30 GORSE ROAD 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 30 GORSE ROAD sales from April 2019 and September 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 April 2019 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the September 2020 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 30 GORSE ROAD?

30 GORSE ROAD is 64m², which includes two extensions, according to the EPC inspection conducted in September 2022. 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 30 GORSE ROAD lies on this distribution: 6% of detached houses are smaller than 30 GORSE ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Grantham.

30 GORSE ROAD: Plot and Title Map

30 GORSE ROAD sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 30 GORSE ROAD, 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 30 GORSE ROAD). 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 30 GORSE ROAD?

30 GORSE ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 30 on GORSE ROAD.