12, SWINEGATE, GRANTHAM, NG31 6RJ - £165,000

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 SWINEGATE is a small extended terraced house of 97m², built sometime before 1900, which could now be worth an estimated £187,142. It was last sold for £165,000 in June 2021, which was around 1% below the average June 2021 terraced price in the South Kesteven local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was B.

12 SWINEGATE Sold Prices

Land registry data shows three sales for 12 SWINEGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. One of the three 12 SWINEGATE sales was for below the average price, whilst two 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
2021 29 JUN	£165,000	£167,015	1% below HPI
1999 1 APR	£50,000	£40,663	23% above HPI
1997 26 AUG	£44,000	£36,288	21% above HPI

12 SWINEGATE 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 three 12 SWINEGATE sales between August 1997 and June 2021 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 1999 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 12 SWINEGATE be worth now?

12 SWINEGATE might now be worth an estimated £187,142.

This is based on house price inflation of 13.4%, between June 2021 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 13.4% inflationary increase is applied to the most recent sale price for 12 SWINEGATE of £165,000 on 29th June 2021. For the value to have increased from £165,000 to £187,142 over the four years to June 2025, the following assumptions must hold true:

• The value of 12 SWINEGATE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The June 2021 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SWINEGATE has not materially changed since June 2021.

How Large is 12 SWINEGATE?

12 SWINEGATE is 97m², which includes three extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% 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 12 SWINEGATE lies on this distribution: 34% of terraced houses houses are smaller than 12 SWINEGATE, and 66% of houses are larger. Note that EPC data is not available for all properties in Grantham.

12 SWINEGATE: Plot and Title Map

12 SWINEGATE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 12 SWINEGATE, 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 SWINEGATE). 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 SWINEGATE?

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