59, CAVENDISH WAY, GRANTHAM, NG31 9FN - £247,500

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

59 CAVENDISH WAY is a large detached house of 120m², built sometime from 2012 onwards. It was last sold for £247,500 in August 2021, which was around 25% below the average August 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

59 CAVENDISH WAY Sold Prices

Land registry data shows two sales for 59 CAVENDISH WAY 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 59 CAVENDISH 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
2021 31 AUG	£247,500	£327,986	25% below HPI
2004 30 JUN	£184,995	£193,884	5% below HPI

59 CAVENDISH 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 two 59 CAVENDISH WAY sales from June 2004 and August 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 June 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 59 CAVENDISH WAY?

59 CAVENDISH WAY is 120m² according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 59 CAVENDISH WAY lies on this distribution: 60% of detached houses are smaller than 59 CAVENDISH WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Grantham.

59 CAVENDISH WAY: Plot and Title Map

59 CAVENDISH WAY sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 59 CAVENDISH 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 59 CAVENDISH 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 59 CAVENDISH WAY?

59 CAVENDISH WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 59 on CAVENDISH WAY.