41, NEW BEACON ROAD, GRANTHAM, NG31 9JS - £288,000

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

41 NEW BEACON ROAD is a very large extended detached house of 148m², built sometime between 1930 and 1949. It was last sold for £288,000 in January 2019, which was around 5% below the average January 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

41 NEW BEACON ROAD Sold Prices

Land registry data shows four sales for 41 NEW BEACON 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. Two of the four 41 NEW BEACON ROAD sales were for below the average price, whilst one 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
2019 18 JAN	£288,000	£302,081	5% below HPI
2015 7 DEC	£265,000	£264,945	Close to HPI
2013 12 JUL	£235,000	£222,531	6% above HPI
2003 13 JUN	£143,500	£176,883	19% below HPI

41 NEW BEACON 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 41 NEW BEACON ROAD sales between June 2003 and January 2019 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 December 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 41 NEW BEACON ROAD?

41 NEW BEACON ROAD is 148m², which includes one extension, according to the EPC inspection conducted in April 2012. 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 41 NEW BEACON ROAD lies on this distribution: 80% of detached houses are smaller than 41 NEW BEACON ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Grantham.

41 NEW BEACON ROAD: Plot and Title Map

41 NEW BEACON ROAD sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 41 NEW BEACON 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 41 NEW BEACON 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 41 NEW BEACON ROAD?

41 NEW BEACON ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 41 on NEW BEACON ROAD.