16, MONMOUTH WAY, GRANTHAM, NG31 8WL - £222,500

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.

16 MONMOUTH WAY is a very small semi-detached house of 70m², which could now be worth an estimated £218,036. It was last sold for £222,500 in December 2024, which was around 8% below the average December 2024 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

16 MONMOUTH WAY Sold Prices

Land registry data shows two sales for 16 MONMOUTH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 16 MONMOUTH WAY 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
2024 19 DEC	£222,500	£241,668	8% below HPI
2018 25 JAN	£177,995	£180,431	1% below HPI

16 MONMOUTH WAY 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 two 16 MONMOUTH WAY sales from January 2018 and December 2024 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 January 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2024 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 16 MONMOUTH WAY be worth now?

16 MONMOUTH WAY might now be worth an estimated £218,036.

This is based on house price deflation of 2%, between December 2024 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 2% deflationary decrease is applied to the most recent sale price for 16 MONMOUTH WAY of £222,500 on 19th December 2024. For the value to have decreased from £222,500 to £218,036 over the one year and six months to June 2025, the following assumptions must hold true:

• The value of 16 MONMOUTH WAY has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The December 2024 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 16 MONMOUTH WAY has not materially changed since December 2024.

How Large is 16 MONMOUTH WAY?

16 MONMOUTH WAY is 70m² according to the EPC inspection conducted in December 2017. 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 16 MONMOUTH WAY lies on this distribution: 10% of semi-detached houses houses are smaller than 16 MONMOUTH WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Grantham.

16 MONMOUTH WAY: Plot and Title Map

16 MONMOUTH WAY sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 16 MONMOUTH 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 MONMOUTH 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 MONMOUTH WAY?

16 MONMOUTH WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 16 on MONMOUTH WAY.