48, BRADLEY DRIVE, GRANTHAM, NG31 7WN - £315,000

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

48 BRADLEY DRIVE is a large extended detached house of 121m², built sometime from 2012 onwards. It was last sold for £315,000 in February 2024, which was around 13% below the average February 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

48 BRADLEY DRIVE Sold Prices

Land registry data shows three sales for 48 BRADLEY DRIVE since 1^st 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 48 BRADLEY 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
2024 22 FEB	£315,000	£360,001	13% below HPI
2018 16 JUL	£243,000	£300,614	19% below HPI
2013 25 OCT	£194,995	£233,773	17% below HPI

48 BRADLEY 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 three 48 BRADLEY DRIVE sales between October 2013 and February 2024 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 July 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 48 BRADLEY DRIVE?

48 BRADLEY DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 40% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 48 BRADLEY DRIVE lies on this distribution: 62% of detached houses are smaller than 48 BRADLEY DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Grantham.

48 BRADLEY DRIVE: Plot and Title Map

48 BRADLEY DRIVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 48 BRADLEY 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 48 BRADLEY 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 48 BRADLEY DRIVE?

48 BRADLEY DRIVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 48 on BRADLEY DRIVE.