42, GRAMPIAN WAY, GONERBY HILL FOOT, GRANTHAM, NG31 8FY - £169,950

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

42 GRAMPIAN WAY is a very large detached house of 154m², built sometime between 1991 and 1995. It was last sold for £169,950 in October 2002, which was around 9% above the average October 2002 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

42 GRAMPIAN WAY Sold Prices

Land registry data shows two sales for 42 GRAMPIAN WAY 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. Both of the two 42 GRAMPIAN WAY 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
2002 25 OCT	£169,950	£155,618	9% above HPI
1996 31 MAY	£111,995	£69,294	62% above HPI

42 GRAMPIAN WAY 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 GRAMPIAN WAY sales from May 1996 and October 2002 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 May 1996 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the October 2002 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 42 GRAMPIAN WAY?

42 GRAMPIAN WAY is 154m² according to the EPC inspection conducted in August 2011. 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 42 GRAMPIAN WAY lies on this distribution: 83% of detached houses are smaller than 42 GRAMPIAN WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Grantham.

42 GRAMPIAN WAY: Plot and Title Map

42 GRAMPIAN WAY sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 42 GRAMPIAN WAY, 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 GRAMPIAN WAY). 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 GRAMPIAN WAY?

42 GRAMPIAN WAY is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 42 on GRAMPIAN WAY.