7, ELM GROVE, GRANTHAM, NG31 9JB - £147,000

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

7 ELM GROVE is a very small semi-detached house of 66m², built sometime between 1930 and 1949, which could now be worth an estimated £191,413. It was last sold for £147,000 in May 2018, which was around 20% below the average May 2018 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

7 ELM GROVE Sold Prices

Land registry data shows five sales for 7 ELM GROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 7 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
2018 24 MAY	£147,000	£183,698	20% below HPI
2014 10 DEC	£104,000	£145,727	29% below HPI
2013 21 JUN	£99,950	£134,119	25% below HPI
2011 17 FEB	£91,750	£129,527	29% below HPI
2007 2 APR	£121,000	£150,818	20% below HPI

7 ELM GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The five 7 ELM GROVE sales between April 2007 and May 2018 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 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 7 ELM GROVE be worth now?

7 ELM GROVE might now be worth an estimated £191,413.

This is based on house price inflation of 30.2%, between May 2018 and December 2024, for semi-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 30.2% inflationary increase is applied to the most recent sale price for 7 ELM GROVE of £147,000 on 24th May 2018. For the value to have increased from £147,000 to £191,413 over the five years and five months to December 2024, the following assumptions must hold true:

• The value of 7 ELM GROVE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The May 2018 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ELM GROVE has not materially changed since May 2018.

How Large is 7 ELM GROVE?

7 ELM GROVE is 66m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of semi-detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grantham, and where 7 ELM GROVE lies on this distribution: 7% of semi-detached houses houses are smaller than 7 ELM GROVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Grantham.

7 ELM GROVE: Plot and Title Map

7 ELM GROVE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 7 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 7 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 7 ELM GROVE?

7 ELM GROVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 7 on ELM GROVE.