SPRING CROFT, GONERBY ROAD, GONERBY HILL FOOT, GRANTHAM, NG31 8HU - £301,155

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

SPRING CROFT is a large detached house of 145m², built sometime between 1976 and 1982. It was last sold for £301,155 in July 2016, which was around 13% above the average July 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

SPRING CROFT Sold Prices

Land registry data shows two sales for SPRING CROFT 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 SPRING CROFT 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
2016 11 JUL	£301,155	£266,742	13% above HPI
2009 18 NOV	£250,000	£212,329	18% above HPI

SPRING CROFT 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 SPRING CROFT sales from November 2009 and July 2016 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 November 2009 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2016 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is SPRING CROFT?

SPRING CROFT is 145m² according to the EPC inspection conducted in May 2009. This puts it in the largest 30% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where SPRING CROFT lies on this distribution: 79% of detached houses are smaller than SPRING CROFT, and 21% of houses are larger. Note that EPC data is not available for all properties in Grantham.

SPRING CROFT: Plot and Title Map

SPRING CROFT sits on a plot of roughly 0.258 of an acre, or 1,045m². The below map shows the location of SPRING CROFT, 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 SPRING CROFT). 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 SPRING CROFT?

SPRING CROFT is located on GONERBY ROAD in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of SPRING CROFT on GONERBY ROAD.