56, LINDISFARNE WAY, GRANTHAM, NG31 8ST - £250,000

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

56 LINDISFARNE WAY is a midsized detached house of 116m², built sometime between 1996 and 2002. It was last sold for £250,000 in August 2017, which was around 13% below the average August 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

56 LINDISFARNE WAY Sold Prices

Land registry data shows three sales for 56 LINDISFARNE WAY since 1^st 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 56 LINDISFARNE 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
2017 25 AUG	£250,000	£288,774	13% below HPI
2007 14 DEC	£215,000	£244,597	12% below HPI
2002 16 AUG	£138,995	£148,342	6% below HPI

56 LINDISFARNE 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 three 56 LINDISFARNE WAY sales between August 2002 and August 2017 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 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2017 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 56 LINDISFARNE WAY?

56 LINDISFARNE WAY is 116m² according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 56 LINDISFARNE WAY lies on this distribution: 56% of detached houses are smaller than 56 LINDISFARNE WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Grantham.

56 LINDISFARNE WAY: Plot and Title Map

56 LINDISFARNE WAY sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 56 LINDISFARNE 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 56 LINDISFARNE 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 56 LINDISFARNE WAY?

56 LINDISFARNE WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 56 on LINDISFARNE WAY.