6, MILL DRIVE, GRANTHAM, NG31 6JL - £484,000

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

6 MILL DRIVE is a very large detached house of 450m², built sometime between 1991 and 1995. It was last sold for £484,000 in July 2010, which was around 120% above the average July 2010 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

6 MILL DRIVE Sold Prices

Land registry data shows three sales for 6 MILL DRIVE 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 MILL DRIVE sales were for above 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
2010 28 JUL	£484,000	£220,311	120% above HPI
2001 7 DEC	£300,000	£122,322	145% above HPI
1998 12 FEB	£227,000	£81,939	177% above HPI

6 MILL DRIVE 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 MILL DRIVE sales between February 1998 and July 2010 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 2001 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the July 2010 sale, where it falls to 120% above the HPI. The line then continues to track at 120% above the HPI.

How Large is 6 MILL DRIVE?

6 MILL DRIVE is 450m² according to the EPC inspection conducted in August 2009. This puts it in the largest 10% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 6 MILL DRIVE lies on this distribution: More than 99% of detached houses are smaller than 6 MILL DRIVE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Grantham.

6 MILL DRIVE: Plot and Title Map

6 MILL DRIVE sits on a plot of roughly 0.620 of an acre, or 2,511m². The below map shows the location of 6 MILL DRIVE, 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 MILL DRIVE). 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 MILL DRIVE?

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