7, YORK WAY, GRANTHAM, NG31 8RF - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 YORK WAY is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £175,000 in September 2021, which was around 47% below the average September 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

7 YORK WAY Sold Prices

Land registry data shows two sales for 7 YORK WAY 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 YORK 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
2021 1 SEP	£175,000	£329,642	47% below HPI
2009 10 AUG	£150,000	£201,921	26% below HPI

7 YORK 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 two 7 YORK WAY sales from August 2009 and September 2021 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2021 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 7 YORK WAY?

7 YORK WAY is 59m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% 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 YORK WAY lies on this distribution: 4% of detached houses are smaller than 7 YORK WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Grantham.

7 YORK WAY: Plot and Title Map

7 YORK WAY sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 7 YORK 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 YORK 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 YORK WAY?

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