31, WOODBROOK, GRANTHAM, NG31 9FT - £234,000

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

31 WOODBROOK is a very small detached house of 81m², built sometime between 2007 and 2011. It was last sold for £234,000 in May 2022, which was around 37% below the average May 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

31 WOODBROOK Sold Prices

Land registry data shows two sales for 31 WOODBROOK 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 31 WOODBROOK 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
2022 13 MAY	£234,000	£370,449	37% below HPI
2009 9 OCT	£153,000	£210,709	27% below HPI

31 WOODBROOK 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 31 WOODBROOK sales from October 2009 and May 2022 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 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 31 WOODBROOK?

31 WOODBROOK is 81m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% 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 WOODBROOK lies on this distribution: 19% of detached houses are smaller than 31 WOODBROOK, and 81% of houses are larger. Note that EPC data is not available for all properties in Grantham.

31 WOODBROOK: Plot and Title Map

31 WOODBROOK sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 31 WOODBROOK, 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 WOODBROOK). 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 WOODBROOK?

31 WOODBROOK is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 31 on WOODBROOK.