40, GLOUCESTER ROAD, GRANTHAM, NG31 8RJ - £232,000

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

40 GLOUCESTER ROAD is a very large detached house of 157m², built sometime between 1983 and 1990. It was last sold for £232,000 in September 2015, which was around 8% below the average September 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

40 GLOUCESTER ROAD Sold Prices

Land registry data shows four sales for 40 GLOUCESTER ROAD 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. Most of the four 40 GLOUCESTER ROAD 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
2015 24 SEP	£232,000	£251,056	8% below HPI
2002 3 MAY	£144,000	£137,835	4% above HPI
1998 31 JUL	£85,500	£83,842	2% above HPI
1997 23 MAY	£82,500	£76,680	8% above HPI

40 GLOUCESTER ROAD 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 40 GLOUCESTER ROAD sales between May 1997 and September 2015 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 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 40 GLOUCESTER ROAD?

40 GLOUCESTER ROAD is 157m² according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 40 GLOUCESTER ROAD lies on this distribution: 84% of detached houses are smaller than 40 GLOUCESTER ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Grantham.

40 GLOUCESTER ROAD: Plot and Title Map

40 GLOUCESTER ROAD sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 40 GLOUCESTER ROAD, 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 40 GLOUCESTER ROAD). 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 40 GLOUCESTER ROAD?

40 GLOUCESTER ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 40 on GLOUCESTER ROAD.