68, CHELMSFORD DRIVE, GRANTHAM, NG31 8PF - £125,000

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

68 CHELMSFORD DRIVE is a very small detached house of 48m², built sometime between 1983 and 1990. It was last sold for £125,000 in April 2021, which was around 62% below the average April 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

68 CHELMSFORD DRIVE Sold Prices

Land registry data shows five sales for 68 CHELMSFORD DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 68 CHELMSFORD DRIVE 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
2021 1 APR	£125,000	£327,868	62% below HPI
2011 31 JAN	£94,000	£212,188	56% below HPI
2004 16 JAN	£102,000	£184,431	45% below HPI
2000 11 OCT	£43,000	£109,645	61% below HPI
1999 14 APR	£35,125	£89,617	61% below HPI

68 CHELMSFORD 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 five 68 CHELMSFORD DRIVE sales between April 1999 and April 2021 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 January 2011 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the April 2021 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is 68 CHELMSFORD DRIVE?

68 CHELMSFORD DRIVE is 48m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 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 68 CHELMSFORD DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 68 CHELMSFORD DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Grantham.

68 CHELMSFORD DRIVE: Plot and Title Map

68 CHELMSFORD DRIVE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 68 CHELMSFORD 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 68 CHELMSFORD 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 68 CHELMSFORD DRIVE?

68 CHELMSFORD DRIVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 68 on CHELMSFORD DRIVE.