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
36 GLOUCESTER ROAD is a large extended detached house of 147m², built sometime between 1983 and 1990. It was last sold for £309,000 in March 2021, which was around 6% below the average March 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 36 GLOUCESTER ROAD since 1st 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. One of the two 36 GLOUCESTER ROAD sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2021 15 MAR | £309,000 | £329,215 | 6% below HPI |
1997 14 JUL | £90,000 | £78,035 | 15% above HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 36 GLOUCESTER ROAD sales from July 1997 and March 2021 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 July 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
36 GLOUCESTER ROAD is 147m², which includes one extension, according to the EPC inspection conducted in June 2020. 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 36 GLOUCESTER ROAD lies on this distribution: 80% of detached houses are smaller than 36 GLOUCESTER ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Grantham.
36 GLOUCESTER ROAD sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 36 GLOUCESTER 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 36 GLOUCESTER 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.
36 GLOUCESTER ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 36 on GLOUCESTER ROAD.