4, LEICESTER GROVE, GRANTHAM, NG31 8RP - £122,000

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 LEICESTER GROVE is a very small extended detached house of 63m², built sometime between 1983 and 1990. It was last sold for £122,000 in October 2012, which was around 44% below the average October 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

4 LEICESTER GROVE Sold Prices

Land registry data shows two sales for 4 LEICESTER 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 4 LEICESTER 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
2012 18 OCT	£122,000	£218,225	44% below HPI
1998 29 MAY	£59,000	£83,115	29% below HPI

4 LEICESTER 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 4 LEICESTER GROVE sales from May 1998 and October 2012 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 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2012 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 4 LEICESTER GROVE?

4 LEICESTER GROVE is 63m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 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 4 LEICESTER GROVE lies on this distribution: 6% of detached houses are smaller than 4 LEICESTER GROVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Grantham.

4 LEICESTER GROVE: Plot and Title Map

4 LEICESTER GROVE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 4 LEICESTER 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 4 LEICESTER 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 4 LEICESTER GROVE?

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