5, HUDSON WAY, GRANTHAM, NG31 7BU - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 HUDSON WAY is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £185,000 in May 2019, which was around 38% below the average May 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

5 HUDSON WAY Sold Prices

Land registry data shows two sales for 5 HUDSON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 5 HUDSON 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
2019 9 MAY	£185,000	£299,437	38% below HPI
2003 24 JUN	£125,995	£176,883	29% below HPI

5 HUDSON 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 two 5 HUDSON WAY sales from June 2003 and May 2019 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 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 5 HUDSON WAY?

5 HUDSON WAY is 68m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% 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 HUDSON WAY lies on this distribution: 8% of detached houses are smaller than 5 HUDSON WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 HUDSON WAY: Plot and Title Map

5 HUDSON WAY sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 5 HUDSON 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 5 HUDSON 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 5 HUDSON WAY?

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