ELDERBANK, MAIN STREET, WILSFORD, GRANTHAM, NG32 3NP - £286,500

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

ELDERBANK is a large extended detached house of 164m², built sometime between 1967 and 1975. It was last sold for £286,500 in June 2011, which was around 58% above the average June 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

ELDERBANK Sold Prices

Land registry data shows two sales for ELDERBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two ELDERBANK 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
2011 17 JUN	£286,500	£181,659	58% above HPI
2002 30 JUL	£210,000	£109,372	92% above HPI

ELDERBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two ELDERBANK sales from July 2002 and June 2011 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 2002 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the June 2011 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is ELDERBANK?

ELDERBANK is 164m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses in Wilsford, based on EPC data. The below chart shows the distribution of detached houses by size in Wilsford, and where ELDERBANK lies on this distribution: 62% of detached houses are smaller than ELDERBANK, and 38% of houses are larger. Note that EPC data is not available for all properties in Wilsford.

ELDERBANK: Plot and Title Map

ELDERBANK sits on a plot of roughly 0.295 of an acre, or 1,193m². The below map shows the location of ELDERBANK, 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 ELDERBANK). 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 ELDERBANK?

ELDERBANK is located on MAIN STREET in WILSFORD, in the NG32 postcode district. The below map shows the position of ELDERBANK on MAIN STREET.