32, BALMORAL DRIVE, GRANTHAM, NG31 8SY - £339,950

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

32 BALMORAL DRIVE is a very large extended detached house of 164m², built sometime between 2003 and 2006. It was last sold for £339,950 in August 2019, which was around 9% above the average August 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

32 BALMORAL DRIVE Sold Prices

Land registry data shows three sales for 32 BALMORAL DRIVE 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 32 BALMORAL DRIVE sales were for above 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
2019 9 AUG	£339,950	£310,946	9% above HPI
2013 15 FEB	£240,000	£214,610	12% above HPI
2004 25 MAR	£230,000	£188,092	22% above HPI

32 BALMORAL DRIVE 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 32 BALMORAL DRIVE sales between March 2004 and August 2019 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 February 2013 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 32 BALMORAL DRIVE?

32 BALMORAL DRIVE is 164m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 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 32 BALMORAL DRIVE lies on this distribution: 87% of detached houses are smaller than 32 BALMORAL DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Grantham.

32 BALMORAL DRIVE: Plot and Title Map

32 BALMORAL DRIVE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 32 BALMORAL DRIVE, 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 32 BALMORAL DRIVE). 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 32 BALMORAL DRIVE?

32 BALMORAL DRIVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 32 on BALMORAL DRIVE.