6, PENNINE WAY, GONERBY HILL FOOT, GRANTHAM, NG31 8FZ - £269,950

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

6 PENNINE WAY is a very large extended detached house of 159m², built sometime between 1991 and 1995. It was last sold for £269,950 in May 2015, which was around 13% above the average May 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

6 PENNINE WAY Sold Prices

Land registry data shows four sales for 6 PENNINE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 6 PENNINE WAY 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
2015 28 MAY	£269,950	£239,807	13% above HPI
2005 15 APR	£240,000	£207,783	16% above HPI
2003 9 SEP	£218,000	£184,697	18% above HPI
2002 2 MAY	£149,950	£137,835	9% above HPI

6 PENNINE WAY 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 four 6 PENNINE WAY sales between May 2002 and May 2015 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 April 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2015 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 6 PENNINE WAY?

6 PENNINE WAY is 159m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 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 6 PENNINE WAY lies on this distribution: 85% of detached houses are smaller than 6 PENNINE WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Grantham.

6 PENNINE WAY: Plot and Title Map

6 PENNINE WAY sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 6 PENNINE 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 PENNINE 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 PENNINE WAY?

6 PENNINE WAY is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 6 on PENNINE WAY.