31, GRAMPIAN WAY, GONERBY HILL FOOT, GRANTHAM, NG31 8FY - £269,950

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

31 GRAMPIAN WAY is a midsized detached house of 107m², built sometime between 1996 and 2002. It was last sold for £269,950 in October 2020, which was around 13% below the average October 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

31 GRAMPIAN WAY Sold Prices

Land registry data shows three sales for 31 GRAMPIAN 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 31 GRAMPIAN 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
2020 23 OCT	£269,950	£308,927	13% below HPI
1999 1 APR	£85,000	£89,617	5% below HPI
1998 27 NOV	£85,450	£87,129	2% below HPI

31 GRAMPIAN 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 31 GRAMPIAN WAY sales between November 1998 and October 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 1999 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 31 GRAMPIAN WAY?

31 GRAMPIAN WAY is 107m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 31 GRAMPIAN WAY lies on this distribution: 44% of detached houses are smaller than 31 GRAMPIAN WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Grantham.

31 GRAMPIAN WAY: Plot and Title Map

31 GRAMPIAN WAY sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 31 GRAMPIAN 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 31 GRAMPIAN 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 31 GRAMPIAN WAY?

31 GRAMPIAN WAY is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 31 on GRAMPIAN WAY.