56, NEW BEACON ROAD, GRANTHAM, NG31 9LD - £123,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

56 NEW BEACON ROAD is a small extended semi-detached house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £256,287. It was last sold for £123,500 in December 2003, which was around 8% above the average December 2003 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2014, where the current energy rating was F, and the potential energy rating was C.

56 NEW BEACON ROAD Sold Prices

Land registry data shows three sales for 56 NEW BEACON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. Two of the three 56 NEW BEACON ROAD sales were for above the average price, whilst one was 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
2003 22 DEC	£123,500	£113,848	8% above HPI
2001 27 APR	£57,500	£68,263	16% below HPI
1996 29 APR	£44,500	£41,331	8% above HPI

56 NEW BEACON ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 56 NEW BEACON ROAD sales between April 1996 and December 2003 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 April 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2003 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 56 NEW BEACON ROAD be worth now?

56 NEW BEACON ROAD might now be worth an estimated £256,287.

This is based on house price inflation of 107.5%, between December 2003 and February 2025, for semi-detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 107.5% inflationary increase is applied to the most recent sale price for 56 NEW BEACON ROAD of £123,500 on 22nd December 2003. For the value to have increased from £123,500 to £256,287 over the 22 years and ten months to February 2025, the following assumptions must hold true:

• The value of 56 NEW BEACON ROAD has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The December 2003 sale price of £123,500 represented a fair market value for the property.
• The size, condition, and specification of 56 NEW BEACON ROAD has not materially changed since December 2003.

How Large is 56 NEW BEACON ROAD?

56 NEW BEACON ROAD is 96m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of semi-detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grantham, and where 56 NEW BEACON ROAD lies on this distribution: 32% of semi-detached houses houses are smaller than 56 NEW BEACON ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Grantham.

56 NEW BEACON ROAD: Plot and Title Map

56 NEW BEACON ROAD sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 56 NEW BEACON 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 56 NEW BEACON 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.

Where is 56 NEW BEACON ROAD?

56 NEW BEACON ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 56 on NEW BEACON ROAD.