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
47 PORTRUSH DRIVE is a small extended detached house of 86m², built sometime between 2003 and 2006. It was last sold for £200,000 in May 2023, which was around 45% below the average May 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 47 PORTRUSH DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 47 PORTRUSH 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 26 MAY | £200,000 | £365,702 | 45% below HPI |
2007 12 OCT | £148,000 | £247,133 | 40% below HPI |
2004 22 MAR | £122,950 | £188,092 | 35% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 47 PORTRUSH DRIVE sales between March 2004 and May 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 October 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
47 PORTRUSH DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in July 2022. 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 PORTRUSH DRIVE lies on this distribution: 23% of detached houses are smaller than 47 PORTRUSH DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Grantham.
47 PORTRUSH DRIVE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 47 PORTRUSH 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 47 PORTRUSH 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.
47 PORTRUSH DRIVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 47 on PORTRUSH DRIVE.