5, KINGS GARDENS, GONERBY HILL FOOT, GRANTHAM, NG31 8TY - £330,000

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

5 KINGS GARDENS is a very large extended detached house of 214m². It was last sold for £330,000 in March 2010, which was around 58% above the average March 2010 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

5 KINGS GARDENS Sold Prices

Land registry data shows two sales for 5 KINGS GARDENS 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 KINGS GARDENS sales were for above 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
2010 24 MAR	£330,000	£209,474	58% above HPI
2006 14 DEC	£357,870	£224,065	60% above HPI

5 KINGS GARDENS 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 KINGS GARDENS sales from December 2006 and March 2010 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 December 2006 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the March 2010 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 5 KINGS GARDENS be worth now?

5 KINGS GARDENS might now be worth an estimated £580,267.

This is based on house price inflation of 75.8%, between March 2010 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 75.8% inflationary increase is applied to the most recent sale price for 5 KINGS GARDENS of £330,000 on 24th March 2010. For the value to have increased from £330,000 to £580,267 over the thirteen years and three months to December 2024, the following assumptions must hold true:

• The value of 5 KINGS GARDENS has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2010 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 5 KINGS GARDENS has not materially changed since March 2010.

How Large is 5 KINGS GARDENS?

5 KINGS GARDENS is 214m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 10% 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 5 KINGS GARDENS lies on this distribution: 97% of detached houses houses are smaller than 5 KINGS GARDENS, and 3% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 KINGS GARDENS: Plot and Title Map

5 KINGS GARDENS sits on a plot of roughly 4.6 acres, or 18,425m². The below map shows the location of 5 KINGS GARDENS, 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 KINGS GARDENS). 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 KINGS GARDENS?

5 KINGS GARDENS is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 5 on KINGS GARDENS.