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 RUSHCLIFFE ROAD is a large extended detached house of 141m², built sometime between 1950 and 1966. It was last sold for £250,000 in February 2020, which was around 16% below the average February 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5 RUSHCLIFFE ROAD since 1st 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. Two of the three 5 RUSHCLIFFE ROAD sales were for below the average price, whilst one was 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 |
---|---|---|---|
2020 20 FEB | £250,000 | £298,901 | 16% below HPI |
2014 16 JUL | £237,000 | £226,163 | 5% above HPI |
2009 12 AUG | £158,750 | £201,921 | 21% below HPI |
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 RUSHCLIFFE ROAD sales between August 2009 and February 2020 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 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
5 RUSHCLIFFE ROAD is 141m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 30% 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 RUSHCLIFFE ROAD lies on this distribution: 76% of detached houses are smaller than 5 RUSHCLIFFE ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Grantham.
5 RUSHCLIFFE ROAD sits on a plot of roughly 0.227 of an acre, or 920m². The below map shows the location of 5 RUSHCLIFFE 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 RUSHCLIFFE 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.
5 RUSHCLIFFE ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 5 on RUSHCLIFFE ROAD.