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
38 LANGFORD GARDENS is a large extended detached house of 122m², built sometime between 2003 and 2006. It was last sold for £342,500 in June 2023, which was around 8% below the average June 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 38 LANGFORD GARDENS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four 38 LANGFORD GARDENS 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 |
---|---|---|---|
2023 28 JUN | £342,500 | £370,706 | 8% below HPI |
2014 4 AUG | £235,000 | £231,772 | 1% above HPI |
2007 9 JUL | £245,000 | £239,498 | 2% above HPI |
2004 12 OCT | £215,500 | £210,509 | 2% 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 four 38 LANGFORD GARDENS sales between October 2004 and June 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 August 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
38 LANGFORD GARDENS is 122m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 38 LANGFORD GARDENS lies on this distribution: 62% of detached houses are smaller than 38 LANGFORD GARDENS, and 37% of houses are larger. Note that EPC data is not available for all properties in Grantham.
38 LANGFORD GARDENS sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 38 LANGFORD GARDENS, 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 LANGFORD GARDENS). 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.
38 LANGFORD GARDENS is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 38 on LANGFORD GARDENS.