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 GRANTHAM ROAD is a midsized extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £360,000 in July 2022, which was around 3% below the average July 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 7 GRANTHAM ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 7 GRANTHAM ROAD 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 |
---|---|---|---|
2022 19 JUL | £360,000 | £371,248 | 3% below HPI |
2016 13 MAY | £198,000 | £260,567 | 24% below HPI |
1996 14 AUG | £57,000 | £73,592 | 23% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 7 GRANTHAM ROAD sales between August 1996 and July 2022 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 May 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.
7 GRANTHAM ROAD is 118m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses in Great Gonerby, based on EPC data. The below chart shows the distribution of detached houses by size in Great Gonerby, and where 7 GRANTHAM ROAD lies on this distribution: 50% of detached houses are smaller than 7 GRANTHAM ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Great Gonerby.
7 GRANTHAM ROAD sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 7 GRANTHAM ROAD, 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 GRANTHAM ROAD). 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.
7 GRANTHAM ROAD is located in GREAT GONERBY, in the NG31 postcode district. The below map shows the position of No. 7 on GRANTHAM ROAD.