45, GORSE ROAD, GRANTHAM, NG31 9LH - £180,000

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

45 GORSE ROAD is a very small detached house of 79m². It was last sold for £180,000 in September 2006, which was around 23% below the average September 2006 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

45 GORSE ROAD Sold Prices

Land registry data shows two sales for 45 GORSE 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 45 GORSE 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
2006 1 SEP	£180,000	£234,780	23% below HPI
2004 12 MAR	£140,000	£188,092	26% below HPI

45 GORSE 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 45 GORSE ROAD sales from March 2004 and September 2006 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 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2006 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 45 GORSE ROAD?

45 GORSE ROAD is 79m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 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 45 GORSE ROAD lies on this distribution: 18% of detached houses are smaller than 45 GORSE ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Grantham.

45 GORSE ROAD: Plot and Title Map

45 GORSE ROAD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 45 GORSE 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 45 GORSE 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 45 GORSE ROAD?

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