56, WINCHESTER ROAD, GRANTHAM, NG31 8AD - £255,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

56 WINCHESTER ROAD is a very small extended detached house of 66m², built sometime between 1983 and 1990. It was last sold for £255,000 in March 2024, which was around 32% below the average March 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

56 WINCHESTER ROAD Sold Prices

Land registry data shows two sales for 56 WINCHESTER ROAD 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 56 WINCHESTER ROAD 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
2024 25 MAR	£255,000	£372,926	32% below HPI
2021 10 FEB	£185,000	£329,337	44% below HPI

56 WINCHESTER ROAD 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 56 WINCHESTER ROAD sales from February 2021 and March 2024 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 February 2021 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2024 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 56 WINCHESTER ROAD?

56 WINCHESTER ROAD is 66m², which includes one extension, according to the EPC inspection conducted in August 2022. 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 56 WINCHESTER ROAD lies on this distribution: 7% of detached houses are smaller than 56 WINCHESTER ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Grantham.

56 WINCHESTER ROAD: Plot and Title Map

56 WINCHESTER ROAD sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 56 WINCHESTER 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 WINCHESTER 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 WINCHESTER ROAD?

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