5, SCARSDALE WAY, GRANTHAM, NG31 7FY - £218,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 SCARSDALE WAY is a small detached house of 95m², built sometime between 2003 and 2006, which could now be worth an estimated £257,927. It was last sold for £218,000 in May 2020, which was around 29% below the average May 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

5 SCARSDALE WAY Sold Prices

Land registry data shows two sales for 5 SCARSDALE 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 SCARSDALE 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
2020 21 MAY	£218,000	£308,210	29% below HPI
2019 31 OCT	£225,000	£305,101	26% below HPI

5 SCARSDALE 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 SCARSDALE WAY sales from October 2019 and May 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 October 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 5 SCARSDALE WAY be worth now?

5 SCARSDALE WAY might now be worth an estimated £257,927.

This is based on house price inflation of 18.3%, between May 2020 and February 2025, 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 18.3% inflationary increase is applied to the most recent sale price for 5 SCARSDALE WAY of £218,000 on 21st May 2020. For the value to have increased from £218,000 to £257,927 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 5 SCARSDALE WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2020 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SCARSDALE WAY has not materially changed since May 2020.

How Large is 5 SCARSDALE WAY?

5 SCARSDALE WAY is 95m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% 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 SCARSDALE WAY lies on this distribution: 31% of detached houses houses are smaller than 5 SCARSDALE WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 SCARSDALE WAY: Plot and Title Map

5 SCARSDALE WAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 5 SCARSDALE 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 SCARSDALE 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 SCARSDALE WAY?

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