7, TEMPLARS WAY, SOUTH WITHAM, GRANTHAM, NG33 5PS - £205,000

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 TEMPLARS WAY is a midsized detached house of 100m², built sometime between 1967 and 1975. It was last sold for £205,000 in May 2024, which was around 45% below the average May 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

7 TEMPLARS WAY Sold Prices

Land registry data shows three sales for 7 TEMPLARS WAY since 1^st 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 TEMPLARS WAY 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
2024 21 MAY	£205,000	£372,526	45% below HPI
2003 16 MAY	£119,995	£171,876	30% below HPI
2000 25 FEB	£55,950	£93,600	40% below HPI

7 TEMPLARS WAY 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 three 7 TEMPLARS WAY sales between February 2000 and May 2024 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 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2024 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 7 TEMPLARS WAY?

7 TEMPLARS WAY is 100m² according to the EPC inspection conducted in February 2024. This puts it in the largest 50% of detached houses in South Witham, based on EPC data. The below chart shows the distribution of detached houses by size in South Witham, and where 7 TEMPLARS WAY lies on this distribution: 55% of detached houses are smaller than 7 TEMPLARS WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in South Witham.

7 TEMPLARS WAY: Plot and Title Map

7 TEMPLARS WAY sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 7 TEMPLARS 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 TEMPLARS 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 TEMPLARS WAY?

7 TEMPLARS WAY is located in SOUTH WITHAM, in the NG33 postcode district. The below map shows the position of No. 7 on TEMPLARS WAY.