16, WESTMINSTER WAY, GRANTHAM, NG31 8PQ - £265,000

16 WESTMINSTER WAY is a midsized detached house of 111m², built sometime between 1983 and 1990. It was last sold for £265,000 in March 2021, which was around 20% below the average March 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

16 WESTMINSTER WAY Sold Prices

Land registry data shows two sales for 16 WESTMINSTER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 16 WESTMINSTER 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
2021 11 MAR	£265,000	£329,215	20% below HPI
2013 24 MAY	£183,000	£212,669	14% below HPI

16 WESTMINSTER 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 two 16 WESTMINSTER WAY sales from May 2013 and March 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 May 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 16 WESTMINSTER WAY?

16 WESTMINSTER WAY is 111m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 50% 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 WESTMINSTER WAY lies on this distribution: 49% of detached houses are smaller than 16 WESTMINSTER WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Grantham.

16 WESTMINSTER WAY: Plot and Title Map

16 WESTMINSTER WAY sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 16 WESTMINSTER 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 WESTMINSTER 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 WESTMINSTER WAY?

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