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
43 GLOUCESTER ROAD is a large detached house of 142m², built sometime between 1983 and 1990. It was last sold for £395,000 in December 2022, which was around 4% above the average December 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 43 GLOUCESTER ROAD since 1st 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 43 GLOUCESTER ROAD 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 |
---|---|---|---|
2022 7 DEC | £395,000 | £381,233 | 4% above HPI |
2008 18 JAN | £275,000 | £242,604 | 13% above HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 43 GLOUCESTER ROAD sales from January 2008 and December 2022 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 2008 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.
43 GLOUCESTER ROAD is 142m² according to the EPC inspection conducted in August 2022. 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 43 GLOUCESTER ROAD lies on this distribution: 76% of detached houses are smaller than 43 GLOUCESTER ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Grantham.
43 GLOUCESTER ROAD sits on a plot of roughly 0.226 of an acre, or 915m². The below map shows the location of 43 GLOUCESTER ROAD, 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 43 GLOUCESTER ROAD). 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.
43 GLOUCESTER ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 43 on GLOUCESTER ROAD.