9, ROWANWOOD DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8GT - £194,000

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 ROWANWOOD DRIVE is a midsized detached house of 111m², built sometime between 1983 and 1990. It was last sold for £194,000 in January 2015, which was around 18% below the average January 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

9 ROWANWOOD DRIVE Sold Prices

Land registry data shows three sales for 9 ROWANWOOD DRIVE 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. All of the three 9 ROWANWOOD DRIVE 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
2015 22 JAN	£194,000	£235,277	18% below HPI
1999 20 AUG	£81,950	£93,654	12% below HPI
1998 27 MAY	£79,950	£83,115	4% below HPI

9 ROWANWOOD 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 three 9 ROWANWOOD DRIVE sales between May 1998 and January 2015 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 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 9 ROWANWOOD DRIVE?

9 ROWANWOOD DRIVE is 111m² according to the EPC inspection conducted in November 2014. This puts it in the largest 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 9 ROWANWOOD DRIVE lies on this distribution: 48% of detached houses are smaller than 9 ROWANWOOD DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Grantham.

9 ROWANWOOD DRIVE: Plot and Title Map

9 ROWANWOOD DRIVE sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 9 ROWANWOOD 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 9 ROWANWOOD 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 9 ROWANWOOD DRIVE?

9 ROWANWOOD DRIVE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 9 on ROWANWOOD DRIVE.