3, EYAM WAY, GRANTHAM, NG31 7FT - £325,000

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.

3 EYAM WAY is a very large extended detached house of 211m², built sometime between 2007 and 2011, which could now be worth an estimated £367,805. It was last sold for £325,000 in March 2021, which was about the average March 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

3 EYAM WAY Sold Prices

Land registry data shows three sales for 3 EYAM 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. The three 3 EYAM WAY sales were a mix of roughly equal to the average price, and 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
2021 30 MAR	£325,000	£323,795	Close to HPI
2017 28 APR	£317,500	£270,528	17% above HPI
2014 10 NOV	£260,000	£233,869	11% above HPI

3 EYAM 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 3 EYAM WAY sales between November 2014 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 April 2017 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 EYAM WAY be worth now?

3 EYAM WAY might now be worth an estimated £367,805.

This is based on house price inflation of 13.2%, between March 2021 and May 2026, for 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 13.2% inflationary increase is applied to the most recent sale price for 3 EYAM WAY of £325,000 on 30th March 2021. For the value to have increased from £325,000 to £367,805 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 EYAM WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 3 EYAM WAY has not materially changed since March 2021.

How Large is 3 EYAM WAY?

3 EYAM WAY is 211m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 3 EYAM WAY lies on this distribution: 96% of detached houses houses are smaller than 3 EYAM WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Grantham.

3 EYAM WAY: Plot and Title Map

3 EYAM WAY sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 3 EYAM 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 3 EYAM 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 3 EYAM WAY?

3 EYAM WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 3 on EYAM WAY.