6, ELM GROVE, GRANTHAM, NG31 9JB - £182,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 ELM GROVE is a very small detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £182,003. It was last sold for £182,500 in November 2024, which was around 51% below the average November 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

6 ELM GROVE Sold Prices

Land registry data shows three sales for 6 ELM GROVE 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 6 ELM GROVE 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 11 NOV	£182,500	£369,341	51% below HPI
2008 7 NOV	£135,000	£209,848	36% below HPI
1995 28 DEC	£30,000	£69,386	57% below HPI

6 ELM GROVE 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 6 ELM GROVE sales between December 1995 and November 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 November 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2024 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 6 ELM GROVE be worth now?

6 ELM GROVE might now be worth an estimated £182,003.

This is based on house price deflation of 0.3%, between November 2024 and December 2024, for 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 0.3% deflationary decrease is applied to the most recent sale price for 6 ELM GROVE of £182,500 on 11th November 2024. For the value to have decreased from £182,500 to £182,003 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 6 ELM GROVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2024 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 6 ELM GROVE has not materially changed since November 2024.

How Large is 6 ELM GROVE?

6 ELM GROVE is 79m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 6 ELM GROVE lies on this distribution: 17% of detached houses houses are smaller than 6 ELM GROVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Grantham.

6 ELM GROVE: Plot and Title Map

6 ELM GROVE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 6 ELM GROVE, 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 6 ELM GROVE). 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 6 ELM GROVE?

6 ELM GROVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 6 on ELM GROVE.