7, GANTON WAY, GRANTHAM, NG31 9FD - £300,000

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

7 GANTON WAY is a midsized extended detached house of 104m², built sometime between 2003 and 2006. It was last sold for £300,000 in December 2023, which was around 18% below the average December 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

7 GANTON WAY Sold Prices

Land registry data shows five sales for 7 GANTON WAY 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 7 GANTON 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
2023 1 DEC	£300,000	£366,639	18% below HPI
2020 17 JAN	£239,000	£301,268	21% below HPI
2010 15 SEP	£162,500	£221,719	27% below HPI
2010 9 JUL	£160,000	£220,311	27% below HPI
2005 9 FEB	£186,000	£206,575	10% below HPI

7 GANTON 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 five 7 GANTON WAY sales between February 2005 and December 2023 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 2020 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 GANTON WAY?

7 GANTON WAY is 104m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 7 GANTON WAY lies on this distribution: 42% of detached houses are smaller than 7 GANTON WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Grantham.

7 GANTON WAY: Plot and Title Map

7 GANTON WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 7 GANTON 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 7 GANTON 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 7 GANTON WAY?

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