49, CAVENDISH WAY, GRANTHAM, NG31 9FN - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

49 CAVENDISH WAY is a very small detached house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £223,825. It was last sold for £220,000 in May 2024, which was around 39% below the average May 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

49 CAVENDISH WAY Sold Prices

Land registry data shows four sales for 49 CAVENDISH WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 49 CAVENDISH 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
2024 30 MAY	£220,000	£362,041	39% below HPI
2019 28 JUN	£165,000	£292,587	44% below HPI
2010 25 NOV	£130,000	£218,283	40% below HPI
2006 27 APR	£150,995	£211,909	29% below HPI

49 CAVENDISH 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 four 49 CAVENDISH WAY sales between April 2006 and May 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 June 2019 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2024 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 49 CAVENDISH WAY be worth now?

49 CAVENDISH WAY might now be worth an estimated £223,825.

This is based on house price inflation of 1.7%, between May 2024 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.7% inflationary increase is applied to the most recent sale price for 49 CAVENDISH WAY of £220,000 on 30th May 2024. For the value to have increased from £220,000 to £223,825 over the five months to December 2024, the following assumptions must hold true:

• The value of 49 CAVENDISH WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2024 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 49 CAVENDISH WAY has not materially changed since May 2024.

How Large is 49 CAVENDISH WAY?

49 CAVENDISH WAY is 78m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 49 CAVENDISH WAY lies on this distribution: 16% of detached houses houses are smaller than 49 CAVENDISH WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Grantham.

49 CAVENDISH WAY: Plot and Title Map

49 CAVENDISH WAY sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 49 CAVENDISH 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 49 CAVENDISH 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 49 CAVENDISH WAY?

49 CAVENDISH WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 49 on CAVENDISH WAY.