3, WATERSIDE DRIVE, GRANTHAM, NG31 9FA - £900,000

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 WATERSIDE DRIVE is a very large detached house of 339m², built in 2016, which could now be worth an estimated £1,182,519. It was last sold for £900,000 in November 2017, which was around 216% above the average November 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was B.

3 WATERSIDE DRIVE Sold Prices

Land registry data shows two sales for 3 WATERSIDE DRIVE 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 WATERSIDE 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
2017 23 NOV	£900,000	£284,894	216% above HPI
2016 19 APR	£325,000	£252,344	29% above HPI

3 WATERSIDE 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 two 3 WATERSIDE DRIVE sales from April 2016 and November 2017 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 2016 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2017 sale, where it rises to 216% above the HPI. The line then continues to track at 216% above the HPI.

What might 3 WATERSIDE DRIVE be worth now?

3 WATERSIDE DRIVE might now be worth an estimated £1,182,519.

This is based on house price inflation of 31.4%, between November 2017 and July 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 31.4% inflationary increase is applied to the most recent sale price for 3 WATERSIDE DRIVE of £900,000 on 23rd November 2017. For the value to have increased from £900,000 to £1,182,519 over the nine years and four months to July 2026, the following assumptions must hold true:

• The value of 3 WATERSIDE DRIVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2017 sale price of £900,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WATERSIDE DRIVE has not materially changed since November 2017.

How Large is 3 WATERSIDE DRIVE?

3 WATERSIDE DRIVE is 339m² according to the EPC inspection conducted in February 2018. 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 WATERSIDE DRIVE lies on this distribution: More than 99% of detached houses houses are smaller than 3 WATERSIDE DRIVE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Grantham.

3 WATERSIDE DRIVE: Plot and Title Map

3 WATERSIDE DRIVE sits on a plot of roughly 0.983 of an acre, or 3,977m². The below map shows the location of 3 WATERSIDE 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 3 WATERSIDE 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 3 WATERSIDE DRIVE?

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