40, TEMPLARS WAY, SOUTH WITHAM, GRANTHAM, NG33 5PT - £127,500

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 TEMPLARS WAY is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £127,500 in February 2014, which was around 44% below the average February 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was C.

40 TEMPLARS WAY Sold Prices

Land registry data shows two sales for 40 TEMPLARS 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 40 TEMPLARS 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
2014 21 FEB	£127,500	£229,666	44% below HPI
2011 1 NOV	£80,000	£217,550	63% below HPI

40 TEMPLARS 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 40 TEMPLARS WAY sales from November 2011 and February 2014 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 2011 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the February 2014 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 40 TEMPLARS WAY?

40 TEMPLARS WAY is 70m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses in South Witham, based on EPC data. The below chart shows the distribution of detached houses by size in South Witham, and where 40 TEMPLARS WAY lies on this distribution: 7% of detached houses are smaller than 40 TEMPLARS WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in South Witham.

40 TEMPLARS WAY: Plot and Title Map

40 TEMPLARS WAY sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 40 TEMPLARS 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 40 TEMPLARS 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 40 TEMPLARS WAY?

40 TEMPLARS WAY is located in SOUTH WITHAM, in the NG33 postcode district. The below map shows the position of No. 40 on TEMPLARS WAY.