12, FARNDALE CRESCENT, GRANTHAM, NG31 8DR - £215,000

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.

12 FARNDALE CRESCENT is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £263,708. It was last sold for £215,000 in December 2019, which was around 28% below the average December 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

12 FARNDALE CRESCENT Sold Prices

Land registry data shows three sales for 12 FARNDALE CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 12 FARNDALE CRESCENT 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 16 DEC	£215,000	£298,831	28% below HPI
2011 16 DEC	£138,000	£217,316	36% below HPI
2000 16 OCT	£83,500	£107,840	23% below HPI

12 FARNDALE CRESCENT 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 three 12 FARNDALE CRESCENT sales between October 2000 and December 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 December 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 12 FARNDALE CRESCENT be worth now?

12 FARNDALE CRESCENT might now be worth an estimated £263,708.

This is based on house price inflation of 22.7%, between December 2019 and March 2025, for detached 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 22.7% inflationary increase is applied to the most recent sale price for 12 FARNDALE CRESCENT of £215,000 on 16th December 2019. For the value to have increased from £215,000 to £263,708 over the six years and nine months to March 2025, the following assumptions must hold true:

• The value of 12 FARNDALE CRESCENT has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2019 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FARNDALE CRESCENT has not materially changed since December 2019.

How Large is 12 FARNDALE CRESCENT?

12 FARNDALE CRESCENT is 80m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 12 FARNDALE CRESCENT lies on this distribution: 18% of detached houses houses are smaller than 12 FARNDALE CRESCENT, and 82% of houses are larger. Note that EPC data is not available for all properties in Grantham.

12 FARNDALE CRESCENT: Plot and Title Map

12 FARNDALE CRESCENT sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 12 FARNDALE CRESCENT, 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 12 FARNDALE CRESCENT). 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 12 FARNDALE CRESCENT?

12 FARNDALE CRESCENT is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 12 on FARNDALE CRESCENT.