7, WORCESTER ROAD, GRANTHAM, NG31 8SF - £227,500

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 WORCESTER ROAD is a midsized detached house of 104m², built sometime between 1983 and 1990. It was last sold for £227,500 in June 2016, which was around 13% below the average June 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

7 WORCESTER ROAD Sold Prices

Land registry data shows two sales for 7 WORCESTER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 7 WORCESTER 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
2016 14 JUN	£227,500	£262,677	13% below HPI
2012 3 AUG	£150,000	£218,720	31% below HPI

7 WORCESTER ROAD 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 two 7 WORCESTER ROAD sales from August 2012 and June 2016 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 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 WORCESTER ROAD?

7 WORCESTER ROAD is 104m² according to the EPC inspection conducted in March 2015. 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 WORCESTER ROAD lies on this distribution: 42% of detached houses are smaller than 7 WORCESTER ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Grantham.

7 WORCESTER ROAD: Plot and Title Map

7 WORCESTER ROAD sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 7 WORCESTER 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 WORCESTER 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.

Where is 7 WORCESTER ROAD?

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