7, GRANSON WAY, WASHINGBOROUGH, LINCOLN, LN4 1ES - £205,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 GRANSON WAY is a midsized detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £283,784. It was last sold for £205,000 in June 2016, which was around 6% below the average June 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

7 GRANSON WAY Sold Prices

Land registry data shows two sales for 7 GRANSON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the two 7 GRANSON WAY sales was for below the average price, whilst the other was 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
2016 6 JUN	£205,000	£218,700	6% below HPI
2003 3 APR	£160,000	£134,958	19% above HPI

7 GRANSON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 7 GRANSON WAY sales from April 2003 and June 2016 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 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 7 GRANSON WAY be worth now?

7 GRANSON WAY might now be worth an estimated £283,784.

This is based on house price inflation of 38.4%, between June 2016 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.4% inflationary increase is applied to the most recent sale price for 7 GRANSON WAY of £205,000 on 6th June 2016. For the value to have increased from £205,000 to £283,784 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 7 GRANSON WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2016 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GRANSON WAY has not materially changed since June 2016.

How Large is 7 GRANSON WAY?

7 GRANSON WAY is 111m² according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses houses in Washingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Washingborough, and where 7 GRANSON WAY lies on this distribution: 59% of detached houses houses are smaller than 7 GRANSON WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

7 GRANSON WAY: Plot and Title Map

7 GRANSON WAY sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 7 GRANSON 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 GRANSON 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 GRANSON WAY?

7 GRANSON WAY is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 7 on GRANSON WAY.