16, GRAMPIAN WAY, GONERBY HILL FOOT, GRANTHAM, NG31 8FY - £228,000

16 GRAMPIAN WAY is a very large detached house of 160m², built sometime between 1996 and 2002. It was last sold for £228,000 in June 2013, which was around 6% above the average June 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

16 GRAMPIAN WAY Sold Prices

Land registry data shows three sales for 16 GRAMPIAN WAY 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 16 GRAMPIAN WAY sales 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
2013 6 JUN	£228,000	£214,378	6% above HPI
2000 11 AUG	£143,000	£107,259	33% above HPI
1997 15 OCT	£119,950	£80,878	48% above HPI

16 GRAMPIAN WAY 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 16 GRAMPIAN WAY sales between October 1997 and June 2013 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 August 2000 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2013 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 16 GRAMPIAN WAY?

16 GRAMPIAN WAY is 160m² according to the EPC inspection conducted in March 2011. This puts it in the largest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 16 GRAMPIAN WAY lies on this distribution: 85% of detached houses are smaller than 16 GRAMPIAN WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Grantham.

16 GRAMPIAN WAY: Plot and Title Map

16 GRAMPIAN WAY sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 16 GRAMPIAN WAY, 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 16 GRAMPIAN WAY). 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 16 GRAMPIAN WAY?

16 GRAMPIAN WAY is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 16 on GRAMPIAN WAY.