5A, SIGNAL ROAD, GRANTHAM, NG31 9BP - £157,000

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

5A SIGNAL ROAD is a very small detached house of 72m². It was last sold for £157,000 in September 2020, which was around 49% below the average September 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

5A SIGNAL ROAD Sold Prices

Land registry data shows three sales for 5A SIGNAL ROAD 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 5A SIGNAL 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
2020 9 SEP	£157,000	£307,809	49% below HPI
2017 13 OCT	£61,000	£291,487	79% below HPI
2012 17 AUG	£180,000	£218,720	18% below HPI

5A SIGNAL 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 three 5A SIGNAL ROAD sales between August 2012 and September 2020 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 2017 sale was for 79% below the HPI. So the extrapolation line tracks at 79% below the HPI over time, until the September 2020 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 5A SIGNAL ROAD?

5A SIGNAL ROAD is 72m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 5A SIGNAL ROAD lies on this distribution: 11% of detached houses are smaller than 5A SIGNAL ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5A SIGNAL ROAD: Plot and Title Map

5A SIGNAL ROAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 5A SIGNAL 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 5A SIGNAL 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 5A SIGNAL ROAD?

5A SIGNAL ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 5A on SIGNAL ROAD.