43, NEW BEACON ROAD, GRANTHAM, NG31 9JS - £195,000

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

43 NEW BEACON ROAD is a large detached house of 136m², built sometime between 1930 and 1949. It was last sold for £195,000 in May 2009, which was around 4% below the average May 2009 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

43 NEW BEACON ROAD Sold Prices

Land registry data shows two sales for 43 NEW BEACON ROAD 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 43 NEW BEACON ROAD 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
2009 18 MAY	£195,000	£202,246	4% below HPI
2008 23 MAY	£205,000	£242,299	15% below HPI

43 NEW BEACON ROAD 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 43 NEW BEACON ROAD sales from May 2008 and May 2009 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 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2009 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 43 NEW BEACON ROAD?

43 NEW BEACON ROAD is 136m² according to the EPC inspection conducted in February 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 43 NEW BEACON ROAD lies on this distribution: 73% of detached houses are smaller than 43 NEW BEACON ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Grantham.

43 NEW BEACON ROAD: Plot and Title Map

43 NEW BEACON ROAD sits on a plot of roughly 0.208 of an acre, or 841m². The below map shows the location of 43 NEW BEACON 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 NEW BEACON 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.

Where is 43 NEW BEACON ROAD?

43 NEW BEACON ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 43 on NEW BEACON ROAD.