309, TRENT ROAD, GRANTHAM, NG31 7XQ - £98,000

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

309 TRENT ROAD is a very small detached house of 58m², built sometime between 1991 and 1995. It was last sold for £98,000 in July 2006, which was around 56% below the average July 2006 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

309 TRENT ROAD Sold Prices

Land registry data shows two sales for 309 TRENT 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 309 TRENT 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
2006 12 JUL	£98,000	£224,890	56% below HPI
1998 24 APR	£38,000	£81,954	54% below HPI

309 TRENT 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 309 TRENT ROAD sales from April 1998 and July 2006 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 1998 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the July 2006 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 309 TRENT ROAD?

309 TRENT ROAD is 58m² according to the EPC inspection conducted in February 2021. 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 309 TRENT ROAD lies on this distribution: 3% of detached houses are smaller than 309 TRENT ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Grantham.

309 TRENT ROAD: Plot and Title Map

309 TRENT ROAD sits on a plot of roughly 0.050 of an acre, or 200m². The below map shows the location of 309 TRENT 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 309 TRENT 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 309 TRENT ROAD?

309 TRENT ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 309 on TRENT ROAD.