1, LILACWOOD DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8GS - £182,000

1 LILACWOOD DRIVE is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £182,000 in February 2015, which was around 23% below the average February 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

1 LILACWOOD DRIVE Sold Prices

Land registry data shows two sales for 1 LILACWOOD DRIVE 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 1 LILACWOOD DRIVE 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
2015 5 FEB	£182,000	£236,722	23% below HPI
1996 24 MAY	£64,500	£69,294	7% below HPI

1 LILACWOOD DRIVE 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 1 LILACWOOD DRIVE sales from May 1996 and February 2015 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 May 1996 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 LILACWOOD DRIVE?

1 LILACWOOD DRIVE is 91m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 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 1 LILACWOOD DRIVE lies on this distribution: 28% of detached houses are smaller than 1 LILACWOOD DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 LILACWOOD DRIVE: Plot and Title Map

1 LILACWOOD DRIVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 1 LILACWOOD DRIVE, 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 1 LILACWOOD DRIVE). 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 1 LILACWOOD DRIVE?

1 LILACWOOD DRIVE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 1 on LILACWOOD DRIVE.