45, BALMORAL DRIVE, GRANTHAM, NG31 8SY - £325,000

45 BALMORAL DRIVE is a midsized detached house of 111m². It was last sold for £325,000 in January 2023, which was around 15% below the average January 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

45 BALMORAL DRIVE Sold Prices

Land registry data shows two sales for 45 BALMORAL DRIVE 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 45 BALMORAL DRIVE 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
2023 25 JAN	£325,000	£381,810	15% below HPI
2017 3 NOV	£242,995	£289,662	16% below HPI

45 BALMORAL DRIVE 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 45 BALMORAL DRIVE sales from November 2017 and January 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 November 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 45 BALMORAL DRIVE?

45 BALMORAL DRIVE is 111m² according to the EPC inspection conducted in October 2017. This puts it in the largest 50% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 45 BALMORAL DRIVE lies on this distribution: 49% of detached houses are smaller than 45 BALMORAL DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Grantham.

45 BALMORAL DRIVE: Plot and Title Map

45 BALMORAL DRIVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 45 BALMORAL DRIVE, 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 45 BALMORAL DRIVE). 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 45 BALMORAL DRIVE?

45 BALMORAL DRIVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 45 on BALMORAL DRIVE.