8, NEWARK VIEW, GRANTHAM, NG31 8UR - £240,000

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 NEWARK VIEW is a midsized detached house of 108m². It was last sold for £240,000 in November 2020, which was around 23% below the average November 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was A.

8 NEWARK VIEW Sold Prices

Land registry data shows four sales for 8 NEWARK VIEW 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. All of the four 8 NEWARK VIEW 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 27 NOV	£240,000	£312,690	23% below HPI
2020 27 MAR	£250,000	£306,879	19% below HPI
2017 17 FEB	£239,000	£273,684	13% below HPI
2015 26 JUN	£224,995	£245,855	8% below HPI

8 NEWARK VIEW 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 NEWARK VIEW sales between June 2015 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 2020 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 8 NEWARK VIEW?

8 NEWARK VIEW is 108m² according to the EPC inspection conducted in March 2015. 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 NEWARK VIEW lies on this distribution: 45% of detached houses are smaller than 8 NEWARK VIEW, and 53% of houses are larger. Note that EPC data is not available for all properties in Grantham.

8 NEWARK VIEW: Plot and Title Map

8 NEWARK VIEW sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 8 NEWARK VIEW, 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 NEWARK VIEW). 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 NEWARK VIEW?

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