232, HARROWBY LANE, GRANTHAM, NG31 9LP - £134,000

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.

232 HARROWBY LANE is a very small semi-detached house of 59m², built sometime between 1976 and 1982, which could now be worth an estimated £164,218. It was last sold for £134,000 in September 2019, which was around 31% below the average September 2019 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

232 HARROWBY LANE Sold Prices

Land registry data shows two sales for 232 HARROWBY LANE 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 232 HARROWBY LANE 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
2019 27 SEP	£134,000	£193,241	31% below HPI
1996 14 JUN	£26,000	£42,334	39% below HPI

232 HARROWBY LANE 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 232 HARROWBY LANE sales from June 1996 and September 2019 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 June 1996 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 232 HARROWBY LANE be worth now?

232 HARROWBY LANE might now be worth an estimated £164,218.

This is based on house price inflation of 22.6%, between September 2019 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 22.6% inflationary increase is applied to the most recent sale price for 232 HARROWBY LANE of £134,000 on 27th September 2019. For the value to have increased from £134,000 to £164,218 over the six years and three months to June 2025, the following assumptions must hold true:

• The value of 232 HARROWBY LANE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The September 2019 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 232 HARROWBY LANE has not materially changed since September 2019.

How Large is 232 HARROWBY LANE?

232 HARROWBY LANE is 59m² according to the EPC inspection conducted in June 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 232 HARROWBY LANE lies on this distribution: 4% of semi-detached houses houses are smaller than 232 HARROWBY LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Grantham.

232 HARROWBY LANE: Plot and Title Map

232 HARROWBY LANE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 232 HARROWBY LANE, 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 232 HARROWBY LANE). 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 232 HARROWBY LANE?

232 HARROWBY LANE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 232 on HARROWBY LANE.