4, MANCHESTER WAY, GRANTHAM, NG31 8RR - £120,000

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 MANCHESTER WAY is a very small detached house of 51m², built sometime between 1991 and 1995. It was last sold for £120,000 in January 2017, which was around 57% below the average January 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

4 MANCHESTER WAY Sold Prices

Land registry data shows two sales for 4 MANCHESTER WAY 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 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 19 JAN	£120,000	£275,906	57% below HPI
2004 29 NOV	£125,000	£213,167	41% below HPI

4 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 two 4 MANCHESTER WAY sales from November 2004 and January 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 2004 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2017 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 4 MANCHESTER WAY?

4 MANCHESTER WAY is 51m² according to the EPC inspection conducted in April 2016. 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 MANCHESTER WAY lies on this distribution: 1% of detached houses are smaller than 4 MANCHESTER WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Grantham.

4 MANCHESTER WAY: Plot and Title Map

4 MANCHESTER WAY sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 4 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 4 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 4 MANCHESTER WAY?

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