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
8 HIGHCLIFFE ROAD is a very large extended detached house of 174m², built sometime between 1950 and 1966. It was last sold for £50,000 in March 1996, which was around 26% below the average March 1996 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 8 HIGHCLIFFE ROAD since 1st 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 8 HIGHCLIFFE 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 |
---|---|---|---|
1996 12 MAR | £50,000 | £67,485 | 26% below HPI |
1995 26 OCT | £53,890 | £71,667 | 25% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 8 HIGHCLIFFE ROAD sales from October 1995 and March 1996 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 October 1995 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 1996 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
8 HIGHCLIFFE ROAD is 174m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 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 8 HIGHCLIFFE ROAD lies on this distribution: 90% of detached houses are smaller than 8 HIGHCLIFFE ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Grantham.
8 HIGHCLIFFE ROAD sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 8 HIGHCLIFFE 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 8 HIGHCLIFFE 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.
8 HIGHCLIFFE ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 8 on HIGHCLIFFE ROAD.