THE GRANGE, WILLINGHAM ROAD, KNAITH PARK, GAINSBOROUGH, DN21 5EU - £375,000

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

THE GRANGE is a very large extended detached house of 166m², built sometime between 1996 and 2002. It was last sold for £375,000 in October 2017, which was around 75% above the average October 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

THE GRANGE Sold Prices

Land registry data shows four sales for THE GRANGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four THE GRANGE 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
2017 30 OCT	£375,000	£213,823	75% above HPI
2011 15 APR	£370,000	£175,359	111% above HPI
2009 27 MAR	£310,000	£167,106	86% above HPI
1999 17 NOV	£210,000	£73,324	186% above HPI

THE GRANGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four THE GRANGE sales between November 1999 and October 2017 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 April 2011 sale was for 111% above the HPI. So the extrapolation line tracks at 111% above the HPI over time, until the October 2017 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is THE GRANGE?

THE GRANGE is 166m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 20% of detached houses in Knaith Park, based on EPC data. The below chart shows the distribution of detached houses by size in Knaith Park, and where THE GRANGE lies on this distribution: 89% of detached houses are smaller than THE GRANGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Knaith Park.

THE GRANGE: Plot and Title Map

THE GRANGE sits on a plot of roughly 0.016 of an acre, or 66m². The below map shows the location of THE GRANGE, 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 THE GRANGE). 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 THE GRANGE?

THE GRANGE is located on WILLINGHAM ROAD in KNAITH PARK, in the DN21 postcode district. The below map shows the position of THE GRANGE on WILLINGHAM ROAD.