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 HUDSON WAY is a very small extended detached house of 77m², built sometime from 2007 onwards. It was last sold for £187,500 in October 2018, which was around 39% below the average October 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 55 HUDSON WAY 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 HUDSON 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 |
---|---|---|---|
2018 22 OCT | £187,500 | £306,579 | 39% below HPI |
2007 5 JAN | £163,500 | £229,576 | 29% below HPI |
2003 17 DEC | £145,995 | £186,329 | 22% 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 55 HUDSON WAY sales between December 2003 and October 2018 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 January 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2018 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
55 HUDSON WAY is 77m², which includes one extension, according to the EPC inspection conducted in June 2018. 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 55 HUDSON WAY lies on this distribution: 15% of detached houses are smaller than 55 HUDSON WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Grantham.
55 HUDSON WAY sits on a plot of roughly 0.058 of an acre, or 237m². The below map shows the location of 55 HUDSON 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 55 HUDSON 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.
55 HUDSON WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 55 on HUDSON WAY.