47, HUDSON WAY, GRANTHAM, NG31 7BU - £255,000

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

47 HUDSON WAY is a small extended detached house of 87m², built sometime between 2003 and 2006. It was last sold for £255,000 in March 2023, which was around 31% below the average March 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

47 HUDSON WAY Sold Prices

Land registry data shows five sales for 47 HUDSON WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 47 HUDSON 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
2023 15 MAR	£255,000	£371,722	31% below HPI
2016 1 SEP	£175,000	£270,487	35% below HPI
2015 16 DEC	£168,000	£264,945	37% below HPI
2009 1 DEC	£146,000	£216,566	33% below HPI
2003 30 OCT	£138,995	£185,309	25% below HPI

47 HUDSON 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 five 47 HUDSON WAY sales between October 2003 and March 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 September 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 47 HUDSON WAY?

47 HUDSON WAY is 87m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 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 47 HUDSON WAY lies on this distribution: 24% of detached houses are smaller than 47 HUDSON WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Grantham.

47 HUDSON WAY: Plot and Title Map

47 HUDSON WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 47 HUDSON 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 47 HUDSON 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 47 HUDSON WAY?

47 HUDSON WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 47 on HUDSON WAY.