BELVEDERE, LOW ROAD, MANTHORPE, GRANTHAM, NG31 8NQ - £375,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BELVEDERE is a large detached house of 142m², built sometime between 1976 and 1982. It was last sold for £375,000 in April 2021, which was around 16% above the average April 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

BELVEDERE Sold Prices

Land registry data shows four sales for BELVEDERE 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 BELVEDERE sales were 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
2021 6 APR	£375,000	£322,470	16% above HPI
2012 21 DEC	£248,000	£213,160	16% above HPI
2003 29 MAY	£250,000	£169,046	48% above HPI
1997 1 DEC	£125,000	£82,017	52% above HPI

BELVEDERE 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 BELVEDERE sales between December 1997 and April 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 December 2012 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2021 sale, which was also at 16% above the HPI.

What might BELVEDERE be worth now?

BELVEDERE might now be worth an estimated £428,338.

This is based on house price inflation of 14.2%, between April 2021 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.2% inflationary increase is applied to the most recent sale price for BELVEDERE of £375,000 on 6th April 2021. For the value to have increased from £375,000 to £428,338 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of BELVEDERE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The April 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of BELVEDERE has not materially changed since April 2021.

How Large is BELVEDERE?

BELVEDERE is 142m² according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where BELVEDERE lies on this distribution: 77% of detached houses houses are smaller than BELVEDERE, and 23% of houses are larger. Note that EPC data is not available for all properties in Grantham.

BELVEDERE: Plot and Title Map

BELVEDERE sits on a plot of roughly 0.216 of an acre, or 873m². The below map shows the location of BELVEDERE, 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 BELVEDERE). 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 BELVEDERE?

BELVEDERE is located on LOW ROAD in MANTHORPE, in the NG31 postcode district. The below map shows the position of BELVEDERE on LOW ROAD.