40, GROVE STREET, GREAT HALE, SLEAFORD, NG34 9LA - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 GROVE STREET is a large detached house of 129m², built sometime between 1991 and 1995. It was last sold for £250,000 in October 2016, which was around 13% above the average October 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

40 GROVE STREET Sold Prices

Land registry data shows two sales for 40 GROVE STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 40 GROVE STREET 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
2016 12 OCT	£250,000	£222,122	13% above HPI
1998 11 AUG	£90,000	£66,883	35% above HPI

40 GROVE STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 40 GROVE STREET sales from August 1998 and October 2016 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 August 1998 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the October 2016 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 40 GROVE STREET?

40 GROVE STREET is 129m² according to the EPC inspection conducted in June 2016. This puts it in the largest 40% of detached houses in Great Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Great Hale, and where 40 GROVE STREET lies on this distribution: 68% of detached houses are smaller than 40 GROVE STREET, and 32% of houses are larger. Note that EPC data is not available for all properties in Great Hale.

40 GROVE STREET: Plot and Title Map

40 GROVE STREET sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 40 GROVE STREET, 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 GROVE STREET). 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 GROVE STREET?

40 GROVE STREET is located in GREAT HALE, in the NG34 postcode district. The below map shows the position of No. 40 on GROVE STREET.