8, COTSWOLD DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8GE - £245,000

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

8 COTSWOLD DRIVE is a midsized extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £245,000 in May 2019, which was around 18% below the average May 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

8 COTSWOLD DRIVE Sold Prices

Land registry data shows four sales for 8 COTSWOLD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four 8 COTSWOLD 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
2019 31 MAY	£245,000	£299,437	18% below HPI
2019 29 MAR	£250,000	£300,234	17% below HPI
2005 16 SEP	£194,000	£216,587	10% below HPI
1998 6 AUG	£90,950	£84,887	7% above HPI

8 COTSWOLD 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 four 8 COTSWOLD DRIVE sales between August 1998 and May 2019 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 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 COTSWOLD DRIVE?

8 COTSWOLD DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in February 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 8 COTSWOLD DRIVE lies on this distribution: 47% of detached houses are smaller than 8 COTSWOLD DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Grantham.

8 COTSWOLD DRIVE: Plot and Title Map

8 COTSWOLD DRIVE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 8 COTSWOLD 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 8 COTSWOLD 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 8 COTSWOLD DRIVE?

8 COTSWOLD DRIVE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 8 on COTSWOLD DRIVE.