41, THE BELFRY, GRANTHAM, NG31 9QL - £225,000

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 THE BELFRY is a midsized detached house of 103m², built sometime from 2007 onwards. It was last sold for £225,000 in June 2015, which was around 8% below the average June 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

41 THE BELFRY Sold Prices

Land registry data shows four sales for 41 THE BELFRY 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 41 THE BELFRY 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
2015 5 JUN	£225,000	£245,855	8% below HPI
2012 7 SEP	£205,000	£221,098	7% below HPI
2006 20 APR	£192,000	£215,456	11% below HPI
2002 25 JAN	£129,950	£128,517	1% above HPI

41 THE BELFRY 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 THE BELFRY sales between January 2002 and June 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 September 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 41 THE BELFRY?

41 THE BELFRY is 103m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% 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 THE BELFRY lies on this distribution: 40% of detached houses are smaller than 41 THE BELFRY, and 60% of houses are larger. Note that EPC data is not available for all properties in Grantham.

41 THE BELFRY: Plot and Title Map

41 THE BELFRY sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 41 THE BELFRY, 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 THE BELFRY). 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 THE BELFRY?

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