116, HAZELWOOD DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8GX - £117,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

116 HAZELWOOD DRIVE is a very small terraced house of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £164,589. It was last sold for £117,950 in May 2017, which was around 13% below the average May 2017 terraced price in the South Kesteven local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

116 HAZELWOOD DRIVE Sold Prices

Land registry data shows five sales for 116 HAZELWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. Most of the five 116 HAZELWOOD 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
2017 26 MAY	£117,950	£135,750	13% below HPI
2008 31 JUL	£101,000	£123,707	18% below HPI
2004 5 APR	£94,950	£91,325	4% above HPI
2001 6 JUL	£46,950	£53,383	12% below HPI
1996 2 APR	£32,000	£31,785	1% above HPI

116 HAZELWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Kesteven local authority area over time, sourced from the HPI. The five 116 HAZELWOOD DRIVE sales between April 1996 and May 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 July 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 116 HAZELWOOD DRIVE be worth now?

116 HAZELWOOD DRIVE might now be worth an estimated £164,589.

This is based on house price inflation of 39.5%, between May 2017 and June 2025, for terraced houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.5% inflationary increase is applied to the most recent sale price for 116 HAZELWOOD DRIVE of £117,950 on 26th May 2017. For the value to have increased from £117,950 to £164,589 over the seven years and eleven months to June 2025, the following assumptions must hold true:

• The value of 116 HAZELWOOD DRIVE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The May 2017 sale price of £117,950 represented a fair market value for the property.
• The size, condition, and specification of 116 HAZELWOOD DRIVE has not materially changed since May 2017.

How Large is 116 HAZELWOOD DRIVE?

116 HAZELWOOD DRIVE is 53m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of terraced houses houses in Grantham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grantham, and where 116 HAZELWOOD DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 116 HAZELWOOD DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Grantham.

116 HAZELWOOD DRIVE: Plot and Title Map

116 HAZELWOOD DRIVE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 116 HAZELWOOD 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 116 HAZELWOOD 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 116 HAZELWOOD DRIVE?

116 HAZELWOOD DRIVE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 116 on HAZELWOOD DRIVE.