8, LORD DRIVE, GRANTHAM, NG31 8PN - £325,000

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 LORD DRIVE is a large extended detached house of 132m², built sometime between 1996 and 2002. It was last sold for £325,000 in April 2021, which was around 1% below the average April 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 C.

8 LORD DRIVE Sold Prices

Land registry data shows two sales for 8 LORD DRIVE 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 LORD DRIVE 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
2021 12 APR	£325,000	£327,868	1% below HPI
2000 25 AUG	£113,950	£107,259	6% above HPI

8 LORD 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 two 8 LORD DRIVE sales from August 2000 and April 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 2000 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 8 LORD DRIVE?

8 LORD DRIVE is 132m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Great Gonerby, based on EPC data. The below chart shows the distribution of detached houses by size in Great Gonerby, and where 8 LORD DRIVE lies on this distribution: 64% of detached houses are smaller than 8 LORD DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Great Gonerby.

8 LORD DRIVE: Plot and Title Map

8 LORD DRIVE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 8 LORD 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 LORD 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 LORD DRIVE?

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