8, ALNWICK WAY, GRANTHAM, NG31 8UJ - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 ALNWICK WAY is a small detached house of 84m², which could now be worth an estimated £213,430. It was last sold for £180,000 in November 2020, which was around 41% below the average November 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was A.

8 ALNWICK WAY Sold Prices

Land registry data shows three sales for 8 ALNWICK 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 8 ALNWICK 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
2020 20 NOV	£180,000	£307,542	41% below HPI
2016 11 MAR	£177,000	£255,562	31% below HPI
2014 31 JUL	£163,995	£222,440	26% below HPI

8 ALNWICK 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 8 ALNWICK WAY sales between July 2014 and November 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 March 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 8 ALNWICK WAY be worth now?

8 ALNWICK WAY might now be worth an estimated £213,430.

This is based on house price inflation of 18.6%, between November 2020 and February 2025, 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 18.6% inflationary increase is applied to the most recent sale price for 8 ALNWICK WAY of £180,000 on 20th November 2020. For the value to have increased from £180,000 to £213,430 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 ALNWICK WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2020 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ALNWICK WAY has not materially changed since November 2020.

How Large is 8 ALNWICK WAY?

8 ALNWICK WAY is 84m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 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 8 ALNWICK WAY lies on this distribution: 21% of detached houses houses are smaller than 8 ALNWICK WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Grantham.

8 ALNWICK WAY: Plot and Title Map

8 ALNWICK WAY sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 8 ALNWICK 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 8 ALNWICK 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 8 ALNWICK WAY?

8 ALNWICK WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 8 on ALNWICK WAY.