5, PRIMROSE WAY, GRANTHAM, NG31 7GX - £156,500

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 PRIMROSE WAY is a small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £156,500 in September 2012, which was around 29% below the average September 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

5 PRIMROSE WAY Sold Prices

Land registry data shows four sales for 5 PRIMROSE 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 5 PRIMROSE 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
2012 12 SEP	£156,500	£221,098	29% below HPI
2009 3 JUL	£152,000	£197,649	23% below HPI
2006 10 FEB	£150,000	£212,912	30% below HPI
1997 29 AUG	£58,500	£79,371	26% below HPI

5 PRIMROSE 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 5 PRIMROSE WAY sales between August 1997 and September 2012 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 July 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2012 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 PRIMROSE WAY?

5 PRIMROSE WAY is 94m² according to the EPC inspection conducted in October 2011. 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 PRIMROSE WAY lies on this distribution: 32% of detached houses are smaller than 5 PRIMROSE WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 PRIMROSE WAY: Plot and Title Map

5 PRIMROSE WAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 5 PRIMROSE 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 PRIMROSE 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 PRIMROSE WAY?

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