41, BALMORAL DRIVE, GRANTHAM, NG31 8SY - £230,000

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

41 BALMORAL DRIVE is a large detached house of 127m². It was last sold for £230,000 in February 2015, which was around 3% below the average February 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was A.

41 BALMORAL DRIVE Sold Prices

Land registry data shows two sales for 41 BALMORAL DRIVE 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. One of the two 41 BALMORAL DRIVE sales was for below the average price, whilst the other was 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 19 FEB	£230,000	£236,722	3% below HPI
2014 25 JUL	£234,995	£226,163	4% above HPI

41 BALMORAL DRIVE 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 41 BALMORAL DRIVE sales from July 2014 and February 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 July 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2015 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 41 BALMORAL DRIVE?

41 BALMORAL DRIVE is 127m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 41 BALMORAL DRIVE lies on this distribution: 66% of detached houses are smaller than 41 BALMORAL DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Grantham.

41 BALMORAL DRIVE: Plot and Title Map

41 BALMORAL DRIVE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 41 BALMORAL DRIVE, 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 41 BALMORAL DRIVE). 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 41 BALMORAL DRIVE?

41 BALMORAL DRIVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 41 on BALMORAL DRIVE.