14, LILACWOOD DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8GS - £101,500

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.

14 LILACWOOD DRIVE is a very small semi-detached house of 47m², built sometime between 1991 and 1995, which could now be worth an estimated £162,727. It was last sold for £101,500 in November 2006, which was around 31% below the average November 2006 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

14 LILACWOOD DRIVE Sold Prices

Land registry data shows three sales for 14 LILACWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 14 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
2006 17 NOV	£101,500	£147,714	31% below HPI
2001 31 MAY	£47,000	£68,520	31% below HPI
1998 31 MAR	£34,000	£48,136	29% below HPI

14 LILACWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 14 LILACWOOD DRIVE sales between March 1998 and November 2006 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 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2006 sale, which was also at 31% below the HPI.

What might 14 LILACWOOD DRIVE be worth now?

14 LILACWOOD DRIVE might now be worth an estimated £162,727.

This is based on house price inflation of 60.3%, between November 2006 and June 2025, for semi-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 60.3% inflationary increase is applied to the most recent sale price for 14 LILACWOOD DRIVE of £101,500 on 17th November 2006. For the value to have increased from £101,500 to £162,727 over the nineteen years and five months to June 2025, the following assumptions must hold true:

• The value of 14 LILACWOOD DRIVE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The November 2006 sale price of £101,500 represented a fair market value for the property.
• The size, condition, and specification of 14 LILACWOOD DRIVE has not materially changed since November 2006.

How Large is 14 LILACWOOD DRIVE?

14 LILACWOOD DRIVE is 47m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of semi-detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grantham, and where 14 LILACWOOD DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 14 LILACWOOD DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Grantham.

14 LILACWOOD DRIVE: Plot and Title Map

14 LILACWOOD DRIVE sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 14 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 14 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 14 LILACWOOD DRIVE?

14 LILACWOOD DRIVE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 14 on LILACWOOD DRIVE.