7, PEASCLIFFE DRIVE, GRANTHAM, NG31 8EN - £120,000

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 PEASCLIFFE DRIVE is a midsized detached house of 108m², built sometime between 1976 and 1982. It was last sold for £120,000 in April 2009, which was around 41% below the average April 2009 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 PEASCLIFFE DRIVE Sold Prices

Land registry data shows five sales for 7 PEASCLIFFE DRIVE 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 PEASCLIFFE DRIVE 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
2009 3 APR	£120,000	£204,433	41% below HPI
2006 18 DEC	£176,000	£227,816	23% below HPI
2005 7 NOV	£160,000	£214,318	25% below HPI
2003 17 JUL	£135,000	£179,990	25% below HPI
1998 19 AUG	£57,000	£84,887	33% below HPI

7 PEASCLIFFE DRIVE 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 PEASCLIFFE DRIVE sales between August 1998 and April 2009 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 December 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2009 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 7 PEASCLIFFE DRIVE?

7 PEASCLIFFE DRIVE is 108m² according to the EPC inspection conducted in May 2019. 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 PEASCLIFFE DRIVE lies on this distribution: 45% of detached houses are smaller than 7 PEASCLIFFE DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Grantham.

7 PEASCLIFFE DRIVE: Plot and Title Map

7 PEASCLIFFE DRIVE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 7 PEASCLIFFE DRIVE, 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 PEASCLIFFE DRIVE). 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 PEASCLIFFE DRIVE?

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