4, LANCASTER GARDENS, GRANTHAM, NG31 7HX - £425,000

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

4 LANCASTER GARDENS is a midsized extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £425,000 in October 2022, which was around 10% above the average October 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

4 LANCASTER GARDENS Sold Prices

Land registry data shows two sales for 4 LANCASTER GARDENS 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. One of the two 4 LANCASTER GARDENS sales was for above the average price, whilst the other was 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
2022 19 OCT	£425,000	£386,120	10% above HPI
2017 7 APR	£220,000	£275,057	20% below HPI

4 LANCASTER GARDENS 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 4 LANCASTER GARDENS sales from April 2017 and October 2022 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 April 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 4 LANCASTER GARDENS?

4 LANCASTER GARDENS is 116m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 4 LANCASTER GARDENS lies on this distribution: 56% of detached houses are smaller than 4 LANCASTER GARDENS, and 44% of houses are larger. Note that EPC data is not available for all properties in Grantham.

4 LANCASTER GARDENS: Plot and Title Map

4 LANCASTER GARDENS sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 4 LANCASTER 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 4 LANCASTER 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.

Where is 4 LANCASTER GARDENS?

4 LANCASTER GARDENS is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 4 on LANCASTER GARDENS.