5, GLOUCESTER ROAD, GRANTHAM, NG31 8RJ - £220,000

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

5 GLOUCESTER ROAD is a small detached house of 99m², built sometime between 1976 and 1982. It was last sold for £220,000 in November 2018, which was around 29% below the average November 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

5 GLOUCESTER ROAD Sold Prices

Land registry data shows three sales for 5 GLOUCESTER ROAD 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 5 GLOUCESTER ROAD 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
2018 23 NOV	£220,000	£307,895	29% below HPI
2001 14 MAY	£87,500	£117,248	25% below HPI
1996 13 DEC	£63,000	£73,190	14% below HPI

5 GLOUCESTER ROAD 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 5 GLOUCESTER ROAD sales between December 1996 and November 2018 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 May 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 GLOUCESTER ROAD?

5 GLOUCESTER ROAD is 99m² according to the EPC inspection conducted in September 2012. 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 5 GLOUCESTER ROAD lies on this distribution: 36% of detached houses are smaller than 5 GLOUCESTER ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 GLOUCESTER ROAD: Plot and Title Map

5 GLOUCESTER ROAD sits on a plot of roughly 0.096 of an acre, or 391m². The below map shows the location of 5 GLOUCESTER ROAD, 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 5 GLOUCESTER ROAD). 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 5 GLOUCESTER ROAD?

5 GLOUCESTER ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 5 on GLOUCESTER ROAD.