8, LODGE WAY, GRANTHAM, NG31 8DD - £180,000

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

8 LODGE WAY is a very large extended detached house of 151m², built sometime between 1967 and 1975. It was last sold for £180,000 in April 2012, which was around 16% below the average April 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

8 LODGE WAY Sold Prices

Land registry data shows two sales for 8 LODGE 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. One of the two 8 LODGE WAY sales was for below the average price, whilst the other was for above 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
2012 30 APR	£180,000	£214,583	16% below HPI
2009 1 APR	£225,000	£204,433	10% above HPI

8 LODGE 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 8 LODGE WAY sales from April 2009 and April 2012 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 April 2009 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2012 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 LODGE WAY?

8 LODGE WAY is 151m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 20% 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 LODGE WAY lies on this distribution: 82% of detached houses are smaller than 8 LODGE WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Grantham.

8 LODGE WAY: Plot and Title Map

8 LODGE WAY sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 8 LODGE 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 LODGE 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 LODGE WAY?

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