55, CASTLEGATE, GRANTHAM, NG31 6SN - £730,000

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

55 CASTLEGATE is a very small detached house of 48m², built sometime between 1976 and 1982. It was last sold for £730,000 in June 2021, which was around 122% above the average June 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was E.

55 CASTLEGATE Sold Prices

Land registry data shows two sales for 55 CASTLEGATE 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 55 CASTLEGATE 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
2021 16 JUN	£730,000	£328,593	122% above HPI
2002 21 OCT	£249,900	£155,618	61% above HPI

55 CASTLEGATE 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 55 CASTLEGATE sales from October 2002 and June 2021 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 2002 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the June 2021 sale, where it rises to 122% above the HPI. The line then continues to track at 122% above the HPI.

How Large is 55 CASTLEGATE?

55 CASTLEGATE is 48m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 55 CASTLEGATE lies on this distribution: Less than 1% of detached houses are smaller than 55 CASTLEGATE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Grantham.

55 CASTLEGATE: Plot and Title Map

55 CASTLEGATE sits on a plot of roughly 0.230 of an acre, or 930m². The below map shows the location of 55 CASTLEGATE, 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 55 CASTLEGATE). 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 55 CASTLEGATE?

55 CASTLEGATE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 55 on CASTLEGATE.