6, GRANSON WAY, WASHINGBOROUGH, LINCOLN, LN4 1ES - £148,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 GRANSON WAY is a small detached house of 95m², built sometime between 1950 and 1966, which could now be worth an estimated £245,025. It was last sold for £148,500 in August 2013, which was around 19% below the average August 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

6 GRANSON WAY Sold Prices

Land registry data shows three sales for 6 GRANSON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 6 GRANSON 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
2013 15 AUG	£148,500	£183,484	19% below HPI
2000 20 DEC	£69,950	£79,505	12% below HPI
1999 14 MAY	£50,000	£68,466	27% below HPI

6 GRANSON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 6 GRANSON WAY sales between May 1999 and August 2013 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 December 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2013 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 6 GRANSON WAY be worth now?

6 GRANSON WAY might now be worth an estimated £245,025.

This is based on house price inflation of 65%, between August 2013 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65% inflationary increase is applied to the most recent sale price for 6 GRANSON WAY of £148,500 on 15th August 2013. For the value to have increased from £148,500 to £245,025 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 6 GRANSON WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2013 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 6 GRANSON WAY has not materially changed since August 2013.

How Large is 6 GRANSON WAY?

6 GRANSON WAY is 95m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of detached houses houses in Washingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Washingborough, and where 6 GRANSON WAY lies on this distribution: 39% of detached houses houses are smaller than 6 GRANSON WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

6 GRANSON WAY: Plot and Title Map

6 GRANSON WAY sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 6 GRANSON 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 6 GRANSON 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 6 GRANSON WAY?

6 GRANSON WAY is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 6 on GRANSON WAY.