Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
34 NEW BEACON ROAD is a small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £210,000 in August 2018, which was around 31% below the average August 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 34 NEW BEACON ROAD since 1st 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 34 NEW BEACON 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 |
---|---|---|---|
2018 17 AUG | £210,000 | £304,523 | 31% below HPI |
2010 24 SEP | £143,500 | £221,719 | 35% below HPI |
2002 15 MAR | £98,500 | £130,396 | 24% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 34 NEW BEACON ROAD sales between March 2002 and August 2018 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 September 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
34 NEW BEACON ROAD is 90m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 34 NEW BEACON ROAD lies on this distribution: 27% of detached houses are smaller than 34 NEW BEACON ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Grantham.
34 NEW BEACON ROAD sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 34 NEW BEACON 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 34 NEW BEACON 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.
34 NEW BEACON ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 34 on NEW BEACON ROAD.