59, GORSE ROAD, GRANTHAM, NG31 9LH - £270,000

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

59 GORSE ROAD is a midsized detached house of 113m², built sometime between 1950 and 1966. It was last sold for £270,000 in May 2018, which was around 9% below the average May 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

59 GORSE ROAD Sold Prices

Land registry data shows two sales for 59 GORSE 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 59 GORSE 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
2018 23 MAY	£270,000	£295,828	9% below HPI
2011 24 OCT	£190,000	£221,770	14% below HPI

59 GORSE 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 59 GORSE ROAD sales from October 2011 and May 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 October 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 59 GORSE ROAD?

59 GORSE ROAD is 113m² according to the EPC inspection conducted in January 2011. 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 59 GORSE ROAD lies on this distribution: 53% of detached houses are smaller than 59 GORSE ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Grantham.

59 GORSE ROAD: Plot and Title Map

59 GORSE ROAD sits on a plot of roughly 0.283 of an acre, or 1,145m². The below map shows the location of 59 GORSE 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 59 GORSE 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 59 GORSE ROAD?

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