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

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 LANCASTER GARDENS is a large extended detached house of 137m², built sometime between 1967 and 1975, which could now be worth an estimated £405,158. It was last sold for £332,000 in March 2020, which was around 10% 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	£301,827	10% above HPI
2009 13 AUG	£215,000	£198,597	8% above HPI
2003 17 MAR	£235,000	£163,226	44% above HPI
2002 15 JUL	£167,500	£142,940	17% 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 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 7 LANCASTER GARDENS be worth now?

7 LANCASTER GARDENS might now be worth an estimated £405,158.

This is based on house price inflation of 22%, between March 2020 and December 2024, for 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 22% inflationary increase is applied to the most recent sale price for 7 LANCASTER GARDENS of £332,000 on 12th March 2020. For the value to have increased from £332,000 to £405,158 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 7 LANCASTER GARDENS has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2020 sale price of £332,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LANCASTER GARDENS has not materially changed since March 2020.

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 houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 7 LANCASTER GARDENS lies on this distribution: 73% of detached houses 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.