7, LANCASTER GARDENS, GRANTHAM, NG31 7HX - £332,000

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 LANCASTER GARDENS is a large extended detached house of 137m², built sometime between 1967 and 1975. It was last sold for £332,000 in March 2020, which was around 8% above the average March 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

7 LANCASTER GARDENS Sold Prices

Land registry data shows four sales for 7 LANCASTER GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 7 LANCASTER GARDENS sales were 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
2020 12 MAR	£332,000	£306,879	8% above HPI
2009 13 AUG	£215,000	£201,921	6% above HPI
2003 17 MAR	£235,000	£165,958	42% above HPI
2002 15 JUL	£167,500	£145,333	15% above HPI

7 LANCASTER GARDENS 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 four 7 LANCASTER GARDENS sales between July 2002 and March 2020 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 August 2009 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2020 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 7 LANCASTER GARDENS?

7 LANCASTER GARDENS is 137m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% 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 LANCASTER GARDENS lies on this distribution: 73% of detached houses are smaller than 7 LANCASTER GARDENS, and 26% of houses are larger. Note that EPC data is not available for all properties in Grantham.

7 LANCASTER GARDENS: Plot and Title Map

7 LANCASTER GARDENS sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 7 LANCASTER GARDENS, 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 LANCASTER GARDENS). 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 LANCASTER GARDENS?

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