34, BALMORAL DRIVE, GRANTHAM, NG31 8SY - £267,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

34 BALMORAL DRIVE is a very large detached house of 166m², built sometime between 2003 and 2006, which could now be worth an estimated £453,395. It was last sold for £267,500 in December 2011, which was around 23% above the average December 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

34 BALMORAL DRIVE Sold Prices

Land registry data shows two sales for 34 BALMORAL DRIVE 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 34 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
2011 22 DEC	£267,500	£217,316	23% above HPI
2004 30 JAN	£257,995	£181,394	42% above HPI

34 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 two 34 BALMORAL DRIVE sales from January 2004 and December 2011 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 January 2004 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the December 2011 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 34 BALMORAL DRIVE be worth now?

34 BALMORAL DRIVE might now be worth an estimated £453,395.

This is based on house price inflation of 69.5%, between December 2011 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.5% inflationary increase is applied to the most recent sale price for 34 BALMORAL DRIVE of £267,500 on 22nd December 2011. For the value to have increased from £267,500 to £453,395 over the thirteen years to December 2024, the following assumptions must hold true:

• The value of 34 BALMORAL DRIVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2011 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 34 BALMORAL DRIVE has not materially changed since December 2011.

How Large is 34 BALMORAL DRIVE?

34 BALMORAL DRIVE is 166m² according to the EPC inspection conducted in January 2010. This puts it in the largest 20% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 34 BALMORAL DRIVE lies on this distribution: 89% of detached houses houses are smaller than 34 BALMORAL DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Grantham.

34 BALMORAL DRIVE: Plot and Title Map

34 BALMORAL DRIVE sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 34 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 34 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 34 BALMORAL DRIVE?

34 BALMORAL DRIVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 34 on BALMORAL DRIVE.