9, LUDLOW GARDENS, GRANTHAM, NG31 8WJ - £335,000

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

9 LUDLOW GARDENS is a small detached house of 98m². It was last sold for £335,000 in October 2022, which was around 13% below the average October 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

9 LUDLOW GARDENS Sold Prices

Land registry data shows two sales for 9 LUDLOW GARDENS 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. Both of the two 9 LUDLOW GARDENS 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
2022 24 OCT	£335,000	£386,120	13% below HPI
2018 27 JUL	£235,000	£300,614	22% below HPI

9 LUDLOW GARDENS 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 9 LUDLOW GARDENS sales from July 2018 and October 2022 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 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 9 LUDLOW GARDENS?

9 LUDLOW GARDENS is 98m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% 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 LUDLOW GARDENS lies on this distribution: 34% of detached houses are smaller than 9 LUDLOW GARDENS, and 64% of houses are larger. Note that EPC data is not available for all properties in Grantham.

9 LUDLOW GARDENS: Plot and Title Map

9 LUDLOW GARDENS sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 9 LUDLOW GARDENS, 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 LUDLOW GARDENS). 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 LUDLOW GARDENS?

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