9, LODGE WAY, GRANTHAM, NG31 8DD - £230,000

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

9 LODGE WAY is a very large detached house of 157m², built sometime between 1983 and 1990. It was last sold for £230,000 in July 2024, which was around 38% below the average July 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

9 LODGE WAY Sold Prices

Land registry data shows three sales for 9 LODGE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Two of the three 9 LODGE WAY sales were for below the average price, whilst one 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
2024 27 JUL	£230,000	£370,630	38% below HPI
2009 31 JUL	£220,000	£197,649	11% above HPI
2007 15 AUG	£190,000	£240,864	21% below HPI

9 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 three 9 LODGE WAY sales between August 2007 and July 2024 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 July 2009 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2024 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 9 LODGE WAY?

9 LODGE WAY is 157m² according to the EPC inspection conducted in August 2020. 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 9 LODGE WAY lies on this distribution: 84% of detached houses are smaller than 9 LODGE WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Grantham.

9 LODGE WAY: Plot and Title Map

9 LODGE WAY sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 9 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 9 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 9 LODGE WAY?

9 LODGE WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 9 on LODGE WAY.