50, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF - £185,500

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

50 CHELMSFORD DRIVE is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £185,500 in April 2020, which was around 41% below the average April 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

50 CHELMSFORD DRIVE Sold Prices

Land registry data shows four sales for 50 CHELMSFORD DRIVE 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 50 CHELMSFORD DRIVE 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 3 APR	£185,500	£314,177	41% below HPI
2014 8 DEC	£135,000	£233,647	42% below HPI
2009 2 JUL	£125,000	£197,649	37% below HPI
2006 27 OCT	£137,000	£233,031	41% below HPI

50 CHELMSFORD DRIVE 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 50 CHELMSFORD DRIVE sales between October 2006 and April 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 December 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2020 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 50 CHELMSFORD DRIVE?

50 CHELMSFORD DRIVE is 73m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 50 CHELMSFORD DRIVE lies on this distribution: 12% of detached houses are smaller than 50 CHELMSFORD DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Grantham.

50 CHELMSFORD DRIVE: Plot and Title Map

50 CHELMSFORD DRIVE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 50 CHELMSFORD DRIVE, 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 50 CHELMSFORD DRIVE). 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 50 CHELMSFORD DRIVE?

50 CHELMSFORD DRIVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 50 on CHELMSFORD DRIVE.