2, BALMORAL DRIVE, GRANTHAM, NG31 8SY - £229,000

2 BALMORAL DRIVE is a large detached house of 123m², built sometime between 1996 and 2002. It was last sold for £229,000 in June 2014, which was around 1% above the average June 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

2 BALMORAL DRIVE Sold Prices

Land registry data shows three sales for 2 BALMORAL DRIVE 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 2 BALMORAL DRIVE 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
2014 27 JUN	£229,000	£226,693	1% above HPI
2003 17 APR	£174,950	£168,989	4% above HPI
1998 18 DEC	£93,950	£88,487	6% above HPI

2 BALMORAL DRIVE 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 2 BALMORAL DRIVE sales between December 1998 and June 2014 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 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 2 BALMORAL DRIVE?

2 BALMORAL DRIVE is 123m² according to the EPC inspection conducted in July 2011. This puts it in the largest 40% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 2 BALMORAL DRIVE lies on this distribution: 64% of detached houses are smaller than 2 BALMORAL DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 BALMORAL DRIVE: Plot and Title Map

2 BALMORAL DRIVE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 2 BALMORAL 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 2 BALMORAL 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 2 BALMORAL DRIVE?

2 BALMORAL DRIVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 2 on BALMORAL DRIVE.