3, NEW BEACON ROAD, GRANTHAM, NG31 9JS - £240,000

3 NEW BEACON ROAD is a very large extended detached house of 161m², built sometime between 1967 and 1975. It was last sold for £240,000 in September 2019, which was around 23% below the average September 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

3 NEW BEACON ROAD Sold Prices

Land registry data shows two sales for 3 NEW BEACON ROAD 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 3 NEW BEACON ROAD 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	£240,000	£311,182	23% below HPI
2009 26 JUN	£165,000	£201,219	18% below HPI

3 NEW BEACON ROAD 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 3 NEW BEACON ROAD sales from June 2009 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 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 NEW BEACON ROAD?

3 NEW BEACON ROAD is 161m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 3 NEW BEACON ROAD lies on this distribution: 86% of detached houses are smaller than 3 NEW BEACON ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Grantham.

3 NEW BEACON ROAD: Plot and Title Map

3 NEW BEACON ROAD sits on a plot of roughly 0.137 of an acre, or 552m². The below map shows the location of 3 NEW BEACON ROAD, 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 NEW BEACON ROAD). 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 NEW BEACON ROAD?

3 NEW BEACON ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 3 on NEW BEACON ROAD.