38, BELTON GROVE, GRANTHAM, NG31 9HH - £333,500

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

38 BELTON GROVE is a midsized extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £333,500 in September 2023, which was around 10% below the average September 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

38 BELTON GROVE Sold Prices

Land registry data shows two sales for 38 BELTON GROVE 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 38 BELTON GROVE 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
2023 29 SEP	£333,500	£371,953	10% below HPI
2021 14 MAY	£315,000	£319,651	1% below HPI

38 BELTON GROVE 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 38 BELTON GROVE sales from May 2021 and September 2023 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 May 2021 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 38 BELTON GROVE be worth now?

38 BELTON GROVE might now be worth an estimated £330,257.

This is based on house price deflation of 1%, between September 2023 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 1% deflationary decrease is applied to the most recent sale price for 38 BELTON GROVE of £333,500 on 29th September 2023. For the value to have decreased from £333,500 to £330,257 over the nine months to December 2024, the following assumptions must hold true:

• The value of 38 BELTON GROVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2023 sale price of £333,500 represented a fair market value for the property.
• The size, condition, and specification of 38 BELTON GROVE has not materially changed since September 2023.

How Large is 38 BELTON GROVE?

38 BELTON GROVE is 116m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% 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 38 BELTON GROVE lies on this distribution: 56% of detached houses houses are smaller than 38 BELTON GROVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Grantham.

38 BELTON GROVE: Plot and Title Map

38 BELTON GROVE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 38 BELTON GROVE, 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 38 BELTON GROVE). 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 38 BELTON GROVE?

38 BELTON GROVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 38 on BELTON GROVE.