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 GLOUCESTER ROAD is a large extended detached house of 132m², built sometime between 1991 and 1995. It was last sold for £335,000 in April 2021, which was around 2% above the average April 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 55 GLOUCESTER 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. All of the three 55 GLOUCESTER ROAD 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 9 APR | £335,000 | £327,868 | 2% above HPI |
2007 28 SEP | £250,000 | £247,620 | 1% above HPI |
1995 8 SEP | £75,000 | £72,250 | 4% above 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 55 GLOUCESTER ROAD sales between September 1995 and April 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 September 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
55 GLOUCESTER ROAD is 132m², which includes one extension, according to the EPC inspection conducted in October 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 55 GLOUCESTER ROAD lies on this distribution: 70% of detached houses are smaller than 55 GLOUCESTER ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Grantham.
55 GLOUCESTER ROAD sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 55 GLOUCESTER 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 55 GLOUCESTER 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.
55 GLOUCESTER ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 55 on GLOUCESTER ROAD.