48, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF - £124,000

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 CHELMSFORD DRIVE is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £124,000 in August 2013, which was around 46% below the average August 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

48 CHELMSFORD DRIVE Sold Prices

Land registry data shows five sales for 48 CHELMSFORD DRIVE since 1st 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 48 CHELMSFORD DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2013
12 AUG
£124,000£231,014
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46% below HPI
2007
2 APR
£145,000£235,131
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38% below HPI
2001
2 NOV
£74,000£121,508
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39% below HPI
1996
10 MAY
£49,995£69,294
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28% below HPI
1996
22 MAR
£49,000£67,485
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27% below HPI

48 CHELMSFORD 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 five 48 CHELMSFORD DRIVE sales between March 1996 and August 2013 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 April 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2013 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

48, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF: Price paid vs HM Land Registry's House Price Index

How Large is 48 CHELMSFORD DRIVE?

48 CHELMSFORD DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 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 CHELMSFORD DRIVE lies on this distribution: 34% of detached houses are smaller than 48 CHELMSFORD DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Grantham.

48, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF: Size of property relative to detached houses in Grantham

48 CHELMSFORD DRIVE: Plot and Title Map

48 CHELMSFORD DRIVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 48 CHELMSFORD 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 CHELMSFORD 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.

48, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF: Plot and title map

Where is 48 CHELMSFORD DRIVE?

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

48, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF: Location map and indicative extent of plot

All sales of detached houses on CHELMSFORD DRIVE

5, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF
2015
18 AUG
£145,000
48, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF
2013
12 AUG
£124,000
48, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF
2007
2 APR
£145,000
5, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF
2005
26 SEP
£169,000
4, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF
2005
11 AUG
£170,000
8, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF
2003
3 OCT
£140,000
47A, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF
2002
28 FEB
£73,000
54, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF
2002
11 JAN
£71,000
2, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF
2001
12 NOV
£119,000
48, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF
2001
2 NOV
£74,000
2, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF
2000
8 FEB
£98,500
48, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF
1996
10 MAY
£49,995
48, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF
1996
22 MAR
£49,000
5, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF
1995
29 SEP
£64,500
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.