9, ST GEORGES WAY, GRANTHAM, NG31 9GJ - £187,000

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 ST GEORGES WAY is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £187,000 in August 2021, which was around 43% below the average August 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

9 ST GEORGES WAY Sold Prices

Land registry data shows four sales for 9 ST GEORGES WAY 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 9 ST GEORGES WAY 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
2021 13 AUG	£187,000	£327,986	43% below HPI
2017 7 MAR	£150,000	£275,269	46% below HPI
2006 15 JUN	£136,000	£220,527	38% below HPI
2002 4 OCT	£92,950	£155,618	40% below HPI

9 ST GEORGES 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 four 9 ST GEORGES WAY sales between October 2002 and August 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 March 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2021 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 9 ST GEORGES WAY?

9 ST GEORGES WAY is 74m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 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 ST GEORGES WAY lies on this distribution: 12% of detached houses are smaller than 9 ST GEORGES WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Grantham.

9 ST GEORGES WAY: Plot and Title Map

9 ST GEORGES WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 9 ST GEORGES 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 ST GEORGES 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 ST GEORGES WAY?

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