TRECARA, TYSON CLOSE, GRANTHAM, NG31 9HT - £260,000

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

TRECARA is a very small detached house of 81m², built sometime between 1991 and 1995. It was last sold for £260,000 in May 2019, which was around 13% below the average May 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

TRECARA Sold Prices

Land registry data shows two sales for TRECARA 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 TRECARA 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
2019 22 MAY	£260,000	£299,437	13% below HPI
2014 30 OCT	£225,000	£237,517	5% below HPI

TRECARA 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 TRECARA sales from October 2014 and May 2019 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 October 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is TRECARA?

TRECARA is 81m² according to the EPC inspection conducted in June 2014. 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 TRECARA lies on this distribution: 19% of detached houses are smaller than TRECARA, and 81% of houses are larger. Note that EPC data is not available for all properties in Grantham.

TRECARA: Plot and Title Map

TRECARA sits on a plot of roughly 0.164 of an acre, or 663m². The below map shows the location of TRECARA, 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 TRECARA). 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 TRECARA?

TRECARA is located on TYSON CLOSE in GRANTHAM, in the NG31 postcode district. The below map shows the position of TRECARA on TYSON CLOSE.