38, MANCHESTER WAY, GRANTHAM, NG31 8RR - £285,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

38 MANCHESTER WAY is a very large extended detached house of 175m², built sometime between 1983 and 1990. It was last sold for £285,000 in August 2017, which was around 1% below the average August 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was C.

38 MANCHESTER WAY Sold Prices

Land registry data shows four sales for 38 MANCHESTER WAY since 1^st 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. All of the four 38 MANCHESTER WAY 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
2017 4 AUG	£285,000	£288,774	1% below HPI
2000 8 NOV	£102,500	£111,551	8% below HPI
1999 5 JUL	£77,000	£90,942	15% below HPI
1997 3 OCT	£76,000	£80,878	6% below HPI

38 MANCHESTER WAY 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 four 38 MANCHESTER WAY sales between October 1997 and August 2017 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 November 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2017 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 38 MANCHESTER WAY?

38 MANCHESTER WAY is 175m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 10% 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 MANCHESTER WAY lies on this distribution: 90% of detached houses are smaller than 38 MANCHESTER WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Grantham.

38 MANCHESTER WAY: Plot and Title Map

38 MANCHESTER WAY sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 38 MANCHESTER WAY, 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 MANCHESTER WAY). 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 MANCHESTER WAY?

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