42, TEMPLARS WAY, SOUTH WITHAM, GRANTHAM, NG33 5PT - £115,000

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

42 TEMPLARS WAY is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £115,000 in April 2016, which was around 55% below the average April 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was A.

42 TEMPLARS WAY Sold Prices

Land registry data shows four sales for 42 TEMPLARS WAY 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 TEMPLARS WAY 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
2016 27 APR	£115,000	£256,568	55% below HPI
2002 28 MAR	£63,000	£130,396	52% below HPI
2000 30 JUN	£50,000	£105,723	53% below HPI
1997 1 JUL	£37,000	£78,035	53% below HPI

42 TEMPLARS 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 four 42 TEMPLARS WAY sales between July 1997 and April 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 March 2002 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the April 2016 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 42 TEMPLARS WAY?

42 TEMPLARS WAY is 70m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses in South Witham, based on EPC data. The below chart shows the distribution of detached houses by size in South Witham, and where 42 TEMPLARS WAY lies on this distribution: 7% of detached houses are smaller than 42 TEMPLARS WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in South Witham.

42 TEMPLARS WAY: Plot and Title Map

42 TEMPLARS WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 42 TEMPLARS 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 TEMPLARS 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 TEMPLARS WAY?

42 TEMPLARS WAY is located in SOUTH WITHAM, in the NG33 postcode district. The below map shows the position of No. 42 on TEMPLARS WAY.