42, BEACON LANE, GRANTHAM, NG31 9DL - £495,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

42 BEACON LANE is a very large extended detached house of 238m², built sometime between 1950 and 1966, which could now be worth an estimated £487,784. It was last sold for £495,000 in September 2023, which was around 33% above the average September 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.

42 BEACON LANE Sold Prices

Land registry data shows two sales for 42 BEACON LANE 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 42 BEACON LANE sales was for above the average price, whilst the other was 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
2023 22 SEP	£495,000	£371,953	33% above HPI
2016 24 AUG	£206,250	£263,781	22% below HPI

42 BEACON LANE 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 42 BEACON LANE sales from August 2016 and September 2023 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 August 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2023 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 42 BEACON LANE be worth now?

42 BEACON LANE might now be worth an estimated £487,784.

This is based on house price deflation of 1.5%, between September 2023 and March 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% deflationary decrease is applied to the most recent sale price for 42 BEACON LANE of £495,000 on 22nd September 2023. For the value to have decreased from £495,000 to £487,784 over the two years and six months to March 2025, the following assumptions must hold true:

• The value of 42 BEACON LANE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2023 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 42 BEACON LANE has not materially changed since September 2023.

How Large is 42 BEACON LANE?

42 BEACON LANE is 238m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 42 BEACON LANE lies on this distribution: 98% of detached houses houses are smaller than 42 BEACON LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Grantham.

42 BEACON LANE: Plot and Title Map

42 BEACON LANE sits on a plot of roughly 0.255 of an acre, or 1,030m². The below map shows the location of 42 BEACON LANE, 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 BEACON LANE). 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 BEACON LANE?

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