42, BALMORAL DRIVE, GRANTHAM, NG31 8SY - £285,000

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

42 BALMORAL DRIVE is a large detached house of 146m², built sometime between 2003 and 2006. It was last sold for £285,000 in July 2016, which was around 7% above the average July 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

42 BALMORAL DRIVE Sold Prices

Land registry data shows four sales for 42 BALMORAL DRIVE 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. All of the four 42 BALMORAL DRIVE 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 11 JUL	£285,000	£266,742	7% above HPI
2010 27 JAN	£227,000	£215,693	5% above HPI
2006 21 MAR	£238,000	£216,845	10% above HPI
2002 25 APR	£172,995	£132,625	30% above HPI

42 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 four 42 BALMORAL DRIVE sales between April 2002 and July 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 January 2010 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2016 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 42 BALMORAL DRIVE?

42 BALMORAL DRIVE is 146m² according to the EPC inspection conducted in October 2009. This puts it in the largest 30% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 42 BALMORAL DRIVE lies on this distribution: 79% of detached houses are smaller than 42 BALMORAL DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Grantham.

42 BALMORAL DRIVE: Plot and Title Map

42 BALMORAL DRIVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 42 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 42 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 42 BALMORAL DRIVE?

42 BALMORAL DRIVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 42 on BALMORAL DRIVE.